In 2026, Binance founder CZ published a guide on securely storing cryptocurrency, including protection of wallets, private keys, and exchange accounts.

Hardware wallets: verify the address on your device screen

Use reputable hardware wallets and confirm the recipient address directly on the device screen before sending transactions.

Seed phrases: offline backups, no photos or cloud storage

Store multiple backup copies of your seed phrase in different locations; do not use photos, screenshots, or cloud storage services.

Exchange accounts: separate email, unique passwords, 2FA

For crypto exchange accounts, use a dedicated email address, unique passwords, enable two-factor authentication, and set up withdrawal address whitelists.

Dedicated devices and asset distribution

Whenever possible, use a separate computer or phone for cryptocurrency operations, installing only essential applications. Do not keep all assets in one place—combine personal wallets and exchanges, considering the associated risks. CZ's main conclusion: even hardware wallets do not guarantee complete security; the outcome depends on the owner's actions.