Binance

Scammers are impersonating official Binance accounts and tweeting to ask for deposits to specific addresses in return for gifts . You will lose your tokens if you do this! Binance will never ask you to send coins directly to any address for any reason.

Is It Safe to Hold Cryptocurrency in the Binance or Coinbase Exchanges? Both Binance and Coinbase insure their hot storage, but it may be safer to use your own cold storage via a hardware wallet .

A crypto coin is the digital version of underlying value, which might be debatable, whereas tokens carry the asset or deeds . One can buy tokens with coins, but some tokens can carry more value than any of them. For example, equity shares of a company.