New Wallet Security Tools from Binance: A Complete Overview of the Protection Center

Binance recently launched an innovative Security Center within its Binance Wallet app, aimed at reliably protecting users’ assets. This new system focuses on identifying potential vulnerabilities and providing users with clear recommendations to enhance wallet security. The core technology behind the Center is the Security Scan feature—an intelligent scan that automatically checks wallets for security issues and offers step-by-step guidance for protection.

What is the Security Center and why is wallet protection important

The Security Center consolidates all key protection tools into a single convenient platform, including account backup, various verification methods, token approval management, and the Secure Auto Sign feature. This integration allows users to easily monitor their wallet’s security status without jumping between different menus and settings.

The system supports both standard Binance wallets without access to private keys and wallets restored via seed phrases or imported private keys. This means that regardless of how you created your wallet, you can check its security and protect all your assets in one place.

How Security Scan protects your wallet: four areas of check

The Security Scan function operates across four main areas, each responsible for a specific aspect of wallet security:

Wallet configuration security — the system monitors whether your account has been backed up and whether the environment is secure. This is the first line of defense for your wallet.

Asset security — the system detects tokens and digital assets with increased risk, warning you about suspicious or counterfeit assets in your wallet.

Approval security — the scanner identifies dangerous or overly broad permissions granted to various applications and smart contracts. This is critical, as approvals are often a source of fund leaks from the wallet.

Transaction history security — the system analyzes your transfer history, identifying potential threats based on wallet activity patterns.

Why automatic wallet protection monitoring is so important

All issues detected during scanning are classified by severity: no problems, medium risk, or high risk. This allows users to prioritize and focus on the most critical security issues first.

The system sends instant notifications to the main screen of the app when a potential threat is found. Each alert includes specific recommended actions. For example, if an unknown token or risky permission is detected in your approvals, the system highlights this and suggests how to revoke the dangerous approval.

Automatic scanning operates 24/7, continuously monitoring your wallet’s status and actively identifying new threats. This means your wallet protection runs in the background without manual intervention or constant oversight.

What to know about scan results

It is important to remember that the security analysis results are purely informational and do not constitute financial advice. Binance recommends that users conduct additional research and consult professional financial advisors if necessary before making important decisions regarding asset management and wallet security.