Is Binance a good wallet?

No built-in digital wallet available: While some popular exchanges have built-in digital wallets, Binance does not . It recommends Trust Wallet, which has a good reputation but may only offer limited support if there are issues with Binance transfers.

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Is it safe to keep crypto on Binance?

Binance has a secure asset fund for its users to help protect their money . Also called SAFU for short, this fund keeps a portion of every fee taken by Binance in case a financial loss happens. The SAFU was established in 2018 and it will allow users to get refunded if any money gets lost because of Binance.

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Is Binance better than Coinbase?

Bottom line. On what’s probably the single most important feature of an exchange – cost – Binance gets the win . Low trading costs played into Binance being named the best crypto exchange for beginners by Bankrate. However, on the finer details, such as available coins, Coinbase wins outright or has a small advantage.

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Is Binance a good app to buy crypto?

Binance. Binance is one of the most popular crypto exchanges in the world and is the best app to buy cryptocurrencies in India . It is effortless to use and has a simple design that is well suited for beginners. You can buy and sell your crypto as well as view your trading history and crypto holdings.

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