Most crypto thefts are not sophisticated hacks — they're the result of weak account settings that could have been tightened in minutes. This guide covers the essential security configurations every crypto user should have in place.
Two-factor authentication (2FA) adds a second layer of security beyond your password. Use an authenticator app like Google Authenticator or Authy — not SMS. SMS-based 2FA can be bypassed via SIM-swapping attacks. An authenticator app generates a time-sensitive code on your device that cannot be intercepted remotely.
Many exchanges (including Binance and others) allow you to set a personal anti-phishing code. This code appears in every legitimate email from the platform. If you receive an email without your code, it is a phishing attempt — delete it immediately.
Withdrawal address whitelisting means you can only send funds to addresses you've pre-approved. Even if an attacker gains access to your account, they cannot withdraw to a new address without your confirmation. Enable this feature in your exchange's security settings.
Log into your exchange account and review all active sessions and linked devices. Remove any you don't recognise. This takes two minutes and can catch unauthorised access immediately.
Our security consultants can review your current setup and identify gaps. Book a free session to get a full account security audit.
This article is for educational purposes only. Paig.shop is not affiliated with any exchange, wallet, or crypto platform. Not financial advice.