If you trade often and often, you will realize that using 2fa is paramount and binance will ensure that you fix 2fa before you can withdraw.
If you day trade, you cannot afford to withdraw each time, so you neee a strategy to work with.
Topic: Exchange security questions - page 5. (Read 593 times)
1st Question: binance exchange and few top exchanges I've used has finger print scanner under security settings, I want to know if this can only safe me from people around me or also online hackers, both withdrawal and deposit requires my thumb print, how good is this ?
2nd Question: my second question is almost same thing as the first, which is 2FA, it's part of my security settings that login, deposit and withdrawal requires 2FA codes too, how tight is this from hackers? And of course people around me ? Thank you
First one is secured too cause only you or your fingerprint is needed in order to execute withdrawals on your account. Binance uses email to confirm the order so hackers will not be able to easily send the fund to their own address. 2nd Question: my second question is almost same thing as the first, which is 2FA, it's part of my security settings that login, deposit and withdrawal requires 2FA codes too, how tight is this from hackers? And of course people around me ? Thank you
2fa is important but there are instances that this is has been breached. But chances of it is unlikely unless the users are always clicking links that might have a virus that can oppress the said 2fA.
There are cases of these here but I forgot where those topics has been discussed.
Newbies have been warned several times not to leave coins on exchanges, my question today is about exchange security and I'm going to use binance as an example
1st Question: binance exchange and few top exchanges I've used has finger print scanner under security settings, I want to know if this can only safe me from people around me or also online hackers, both withdrawal and deposit requires my thumb print, how good is this ?
2nd Question: my second question is almost same thing as the first, which is 2FA, it's part of my security settings that login, deposit and withdrawal requires 2FA codes too, how tight is this from hackers? And of course people around me ? Thank you
Note: I'm not planning to leave my coins on exchanges, not that stupid but I'm a full time trader and I use binance so I just want to know
1st Question: binance exchange and few top exchanges I've used has finger print scanner under security settings, I want to know if this can only safe me from people around me or also online hackers, both withdrawal and deposit requires my thumb print, how good is this ?
2nd Question: my second question is almost same thing as the first, which is 2FA, it's part of my security settings that login, deposit and withdrawal requires 2FA codes too, how tight is this from hackers? And of course people around me ? Thank you
Note: I'm not planning to leave my coins on exchanges, not that stupid but I'm a full time trader and I use binance so I just want to know
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