Binance has issued a security advisory cautioning users against purchasing or using second-hand, ready-to-use accounts.
Key risks identified:
- Security vulnerabilities from shared credentials
- Compliance issues with KYC regulations
- Potential account takeover threats
The exchange emphasizes that pre-owned accounts can expose users to fraud and regulatory problems. Instead, Binance recommends creating fresh accounts through official channels.
This warning follows recent security initiatives including:
- Launch of the Wallet Security Center for real-time threat detection
- Enhanced account takeover defenses
- Partnerships to strengthen user protection
Read the full advisory: Binance Security Blog
Speed, coordination, and partnerships The human firewall powering Binance’s user protection. Read more 👇 binance.com/en/blog/securi…
Account takeover defense An inside look at Binance’s progressive safeguards, and what to do when something feels off. Read more 👇 binance.com/en/blog/securi…
A quick look at why we launched the Binance Wallet Security Center. A real-time, in-app security dashboard that: 👉 Detects threats as they happen 👉 Alerts you instantly on the homepage 👉 Flags malicious tokens, dangerous approvals, and fraudulent addresses Read more on why
Security is the ultimate competitive edge. Binance’s security impact proves it. A quick glance at how we’re safeguarding trust. 👇
Avoid second-hand accounts Why “ready-to-use” accounts can carry security and compliance issues and safer ways to protect your own. Read more 👇 binance.com/en/blog/securi…
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