Module 2: Configuration and Security on Binance

Lesson 2.1: Account Setup

1. Log in to Binance

2. Click on "Profile" (person icon)

3. Configure: First and last name, Email, Password and Security question

Lesson 2.2: Identity verification

1. Click on "Verification" (document icon)

2. Select verification type (individual/business)

3. Provide required documents (ID, passport, etc.)

Lesson 2.3: Security Configuration

1. Click on "Security" (lock icon)

2. Active:

Two-factor authentication (2FA)

Recovery password

Security Notifications

Lesson 2.4: Private Key Management

1. Click on "Private Keys" (key icon)

2. Generate and store secure private keys

Here is a summary:

1. What is Identity Verification on Binance?

Identity verification on Binance is a process that helps protect your account and comply with financial regulations. It involves providing documents that prove your identity.

2. What is two-factor authentication?

Two-factor authentication (2FA) is an additional layer of security that requires two forms of verification to access your account: your password and a code sent to your phone or authenticator app.

3. Why is it important to manage private keys?

Managing private keys is crucial to protecting your cryptocurrencies. Private keys provide access to your funds, so it is essential to keep them safe and not share them with anyone.

Note: To enable two-factor authentication (2FA) on Binance, you will need to download and set up an authenticator app. I recommend the Google Authenticator app for 2FA.

Setting up 2FA on Binance:

1. Log in to your Binance account.

2. Click on "Security" in the top menu.

3. Select "Two-factor authentication."

4. Click "Download" to get the QR code.

5. Open google authenticator.

6. Scan the QR code or enter the key manually.

7. Configure the application according to the instructions.

Codes

- Store the backup key in a safe place.

- Do not share the backup key with anyone.

- Make sure you have access to the authenticator app at all times.

By setting up two-factor authentication, you will be adding an extra layer of security to your Binance account. Remember that security is paramount in the world of cryptocurrencies.

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