Binance CEO Richard Teng has published a tutorial on how to keep a smartphone with a crypto wallet secure in case it is lost. Teng emphasizes the importance of phone security, as a lost phone can lead to sensitive data exposure and financial loss. He advises securing the phone with biometrics, enabling remote wipe, and backing up 2FA codes. In the event of a lost phone, Teng recommends tracking and locking the device remotely, changing critical account passwords, and updating 2FA codes. Proactively, Binance suggests using strong passcodes and biometric locks, disabling notifications and previews, encrypting the phone, regularly updating software, securing the SIM card, and protecting sensitive data with an encrypted vault or password.



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