ethhodeskey

🔐 ETH Hold Keys in Binance – Explained

In Binance, you do not directly control the Ethereum (ETH) private keys when storing ETH on the platform. Instead:

Binance holds the private keys for you in their secure custody system.

You access your ETH using your Binance account credentials (email, password, 2FA).

Binance uses cold wallets (offline) and hot wallets (online) to manage user funds securely.

🧠 Why It Matters

✅ Easy to Use: You don’t manage private keys.

🔒 Trust Required: You must trust Binance’s security.

🔑 Not Your Keys, Not Your Coins: For full control, consider a self-custody wallet like MetaMask or Ledger.

If you want full control over your ETH, transfer it from Binance to a non-custodial wallet where you hold the keys.
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