Before entering the crypto trading world, account security is the first line of defense. Many people rush to buy coins but overlook the most basic protection — an insecure account means all trading strategies are useless.
**Level 1: Account Registration and Verification**
Registering with an email is much more stable than using a phone number. Never set your password casually; it should be at least 8 characters long and include uppercase and lowercase letters, numbers, and special symbols. Completing identity verification (KYC) is mandatory, including uploading the front and back of your ID card and facial verification. Only then can you unlock core features like fiat trading and withdrawals.
**Level 2: Hardcore Operations to Prevent Asset Loss**
Enable 2FA authentication, with Google Authenticator as the priority. Do not use SMS verification — text messages are too easy to intercept. Bind your account to your commonly used devices, and immediately disable login from unfamiliar devices. These seemingly troublesome steps are actually insurance for your assets.
**Level 3: Wallet Address Management**
Whitelisting withdrawal addresses is your second firewall. Only add wallet addresses you fully control — a single mistaken transfer can result in thousands of dollars lost. Keep spot and futures accounts separate, transfer large assets directly to cold wallets, and only keep funds needed for short-term trading on the exchange. Even if the exchange encounters issues, your main assets remain safe.
Get these done before entering the market, so you can buy BNB, BTC, ETH with peace of mind later.
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BrokeBeans
· 4h ago
My phone was hacked after just one SMS verification, now I'm a die-hard fan of Google Authenticator and won't make such a stupid mistake again.
View OriginalReply0
StablecoinAnxiety
· 4h ago
It's the same old story. It's true, but does anyone really listen? Anyway, I always go all in first.
View OriginalReply0
ImpermanentTherapist
· 4h ago
Too true, how many people have learned this lesson the hard way after being robbed of their coins
View OriginalReply0
SatoshiLeftOnRead
· 4h ago
This one is real. I’ve been burned by SMS verification before, and wallet whitelist settings have really saved me several times.
View OriginalReply0
AirdropHunter007
· 4h ago
Really, too many people ignore this, and then they get robbed.
The whitelist step is very crucial; missing even one digit means everything is lost.
For SMS verification, you really need to switch to Google Authenticator. My friend has already suffered from this.
Cold wallets need to be set up early.
Password setup should be complex, but don't make it so complicated that you can't remember it yourself.
Why not just use a hardware wallet directly?
No matter how big the exchange is, you can't trust it completely.
Before entering the crypto trading world, account security is the first line of defense. Many people rush to buy coins but overlook the most basic protection — an insecure account means all trading strategies are useless.
**Level 1: Account Registration and Verification**
Registering with an email is much more stable than using a phone number. Never set your password casually; it should be at least 8 characters long and include uppercase and lowercase letters, numbers, and special symbols. Completing identity verification (KYC) is mandatory, including uploading the front and back of your ID card and facial verification. Only then can you unlock core features like fiat trading and withdrawals.
**Level 2: Hardcore Operations to Prevent Asset Loss**
Enable 2FA authentication, with Google Authenticator as the priority. Do not use SMS verification — text messages are too easy to intercept. Bind your account to your commonly used devices, and immediately disable login from unfamiliar devices. These seemingly troublesome steps are actually insurance for your assets.
**Level 3: Wallet Address Management**
Whitelisting withdrawal addresses is your second firewall. Only add wallet addresses you fully control — a single mistaken transfer can result in thousands of dollars lost. Keep spot and futures accounts separate, transfer large assets directly to cold wallets, and only keep funds needed for short-term trading on the exchange. Even if the exchange encounters issues, your main assets remain safe.
Get these done before entering the market, so you can buy BNB, BTC, ETH with peace of mind later.