How Binance Protects Your Funds With Risk Control Measures | Binance Blog

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How Binance Protects Your Funds With Risk Control Measures | Binance Blog
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Making sure your crypto is safe is our top priority. To ensure that we do, we utilise a number of risk-monitoring and prevention tools across our Binance platforms. Read all about them below.

The risk control team holds a crucial position in mitigating and addressing instances of breached user accounts, also known as account takeover attacks . Our responsibilities encompass activity monitoring, incident investigation, and anti-ATO development and implementation.

The following section will share more about the security tools available to users, and the risk control methods we use to thwart attackers.As a basic anti-ATO measure, we encourage all Binance users to enable 2FA. This adds an extra layer of security to your account rather than just using a password.

Binance users can add passkeys using iCloud Keychain for iOS devices, screen lock or PIN for Android devices, and USB security key for both iOS and Android devices. Once activated, you can immediately use your passkey for 2FA across all linked devices.Crypto withdrawals pose high risks due to the irreversible and pseudonymous nature of blockchain transactions. After funds leave Binance, tracing the owner and recovering assets is significantly more challenging.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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