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Securing your exchange account from Bangladesh: a first-week checklist

Guides · 2026-10-01

The first week with a new exchange account is when most bad habits form. People rush to make a first purchase, skip the security settings and promise themselves they will come back to them later. Unfortunately, accounts are most exposed in exactly that period, when a reused password or a shared phone can undo everything. This guide gives readers in Bangladesh a calm, ordered checklist for the first week on Binance, OKX, Bybit or Bitget, so that security comes before money rather than after it.

Day one: password and email

Use a long, unique password that you have never used anywhere else, ideally created and stored in a password manager. Then secure the email account linked to the exchange with its own strong password and second factor, because anyone who controls that inbox can try to reset your exchange password. If you share a computer or phone with family members, make sure your exchange and email sessions are not left logged in.

Day two: a strong second factor

Turn on two-factor authentication using an authenticator app or a passkey rather than SMS alone. SIM swap fraud and shared phones make text-message codes weaker than they seem. When you set up an authenticator app, write the backup key on paper and keep it somewhere private. Check the official help centre of your exchange for the exact steps, since menu names change between app versions.

Day three: anti-phishing and withdrawal controls

Set an anti-phishing code if the platform offers one, so you can recognise genuine emails. Turn on the withdrawal address whitelist, which limits withdrawals to addresses you have approved in advance. These two settings stop many common scams, including fake support messages and account takeovers that try to send funds to an unknown address quickly.

Before your first deposit

Review the list of logged-in devices and remove anything you do not recognise. Write down, on paper, which email, phone number and second factor the account uses. Then make a small first deposit and confirm you understand where it appears in your balance. Only after that should you consider larger amounts, and only amounts you can afford to lose.

Risk boundary: Bangladesh Crypto Guide

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