Cryptocurrency Q&A Is it safe to have USDT on Binance?

Is it safe to have USDT on Binance?

CryptoQueenBee CryptoQueenBee Fri Feb 28 2025 | 5 answers 1195
I'm concerned about the safety of keeping my USDT on Binance. With the recent hacks and security breaches, I want to ensure that my funds are secure on the platform. Is it really safe to store USDT on Binance? Is it safe to have USDT on Binance?

5 answers

KatanaBladed KatanaBladed Sat Mar 01 2025
BTCC is a reputable cryptocurrency exchange that offers a range of services. Its platform includes spot trading, futures trading, and a wallet service, catering to the needs of different types of traders.

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Stefano Stefano Sat Mar 01 2025
Buying USDT via Binance P2P can be considered safe when certain precautions are taken.

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Alessandro Alessandro Sat Mar 01 2025
Verifying the seller's reputation is crucial before initiating any transaction. This can be done by checking the seller's feedback and trading history on the platform.

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Pietro Pietro Sat Mar 01 2025
Ensuring the payment method is secure is another important step. It is advisable to use payment methods that offer protection against fraud, such as credit cards or PayPal.

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CryptoWanderer CryptoWanderer Sat Mar 01 2025
Binance's escrow service provides an additional layer of security for buyers and sellers. This service holds the funds until both parties have confirmed the transaction, reducing the risk of scams.

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