I'm concerned about the safety of leaving my coins on Binance. I've heard mixed reviews and I want to ensure that my assets are secure. Is it really
SAFE to keep my coins on the platform or should I consider other storage options?
6
answers
CryptoGuru
Wed Feb 26 2025
Binance takes a proactive approach to securing user funds and personal data.
IncheonBlues
Tue Feb 25 2025
Among the advanced security measures employed by Binance is two-factor authentication (2FA).
BonsaiStrength
Tue Feb 25 2025
Binance also has a Secure Asset Fund for Users (SAFU), which is a dedicated fund set aside to protect user assets in the event of a security breach.
ethan_thompson_psychologist
Tue Feb 25 2025
2FA adds an extra layer of security by requiring a second form of verification, typically a code sent to a user's phone.
GeishaCharm
Tue Feb 25 2025
Encryption is another crucial security measure utilized by Binance.