Below, Yaya @yaya_bnb suggests that everyone bookmark and save this content: Recently, there have been more and more new activities in the Binance wallet.

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5 days ago

Below is the content from @yaya_bnb that I suggest everyone bookmark and save:

Recently, there have been more and more new activities in the Binance wallet, and everyone is using it. In case one day you accidentally delete the Binance wallet, you can use this tutorial—

The characteristics of the Binance MPC wallet are very clear:

The private key is split into three parts (Binance account, user device, cloud backup or QR code), and at least two parts of the key are needed to control the wallet;

🔐 To recover the MPC wallet, you only need three things:

1) Log in to your Binance account

2) Cloud backup key (iCloud or Google Drive) or the backed-up QR code

3) The recovery password set during backup

So even if your Google Drive/iCloud or QR code is hacked, the hacker cannot recover your wallet solely with key 3, unless they breach Binance's account security system to obtain password 1, thus getting 2 keys to control your wallet, enhancing security:

To keep our wallet secure:

1) Multi-channel backup: It is recommended to back up through multiple channels (such as cloud services and QR codes) to avoid the risk of losing a single channel.

2) When initially setting the recovery password, write it down on paper and keep it safe to avoid being unable to recover due to wallet deletion. Then check the "Backed Up" label in the wallet settings or verify if the recovery password is valid.

Finally, here’s a Ghibli Binance Doge!

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