Lesson 64 of 1,000 · Centralized Exchanges, Binance / Coinbase / KuCoin
#64 Essential Safety Techniques For Depositing To A CEX
Right network, right address, right memo. The verification habits that prevent the most common 'lost deposit' disasters.
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Key ideas
- Right network, right address, right memo.
- The verification habits that prevent the most common 'lost deposit' disasters.
Do it now
- UnlockTrade on an order book anyone can auditHyperliquid runs a fully onchain order book, so every order, fill and liquidation is publicly visible.
- SolutionHow to avoid crypto wallet drainer scamsYou can see in plain words what any site will make you sign before you sign it: scan the request with Recon. For savings, add Second Signature as an AI cosigner on a Safe, so money only moves when it agrees. Check and revoke old approvals with Revoke.cash.
- UnlockBridge once and follow farmers you trustEach bridge route is shown as a researched path, with live activity from other farmers on the Sonar, so one deposit can follow a scored path.
- UnlockEarn a savings rate on dollarsDeposit USDS into the Sky Savings Rate and receive sUSDS, which grows at a rate Sky governance sets.