How to Protect Your Account and Funds with Binance Guarantee
Account Protection (Most Important)
This is essential:
✅ Enable Two-Factor Authentication (Google Authenticator)
✅ Enable SMS Verification
✅ Set up a phishing protection code
✅ Use a strong password and don't reuse it on other sites
✅ Enable the list of authorized withdrawal addresses (withdraw to specific addresses only)
These measures are your true guarantee on Binance.
Binance Security Fund (SAFU)
Binance has a fund called SAFU (Safe Asset Fund for Users). This fund is used in the event of a major security breach, but it is not a comprehensive personal guarantee in all circumstances.
Securing Your Cryptocurrencies (Third-Party Platforms)
To truly secure your cryptocurrencies, you should:
Store your coins in a cold storage wallet
Or use third-party insurance companies that specialize in insuring digital assets (some companies are based in the UK and Europe)
Important Tip
If you have a large amount:
Don't keep everything on the Binance platform
Divide your funds
Use a hardware wallet such as Ledger or Trezor