Binance security features also include address whitelisting, device management, and the ability to restrict device access. Like Coinbase, all USD balances are insured up to $250,000 by the Federal Deposit Insurance Corporation (FDIC) and held in custodial bank accounts .
Read moreIs Binance legitimate?
Yes, Binance is a legitimate and well-established cryptocurrency exchange founded in 2017. It is registered in the Cayman Islands and is the largest crypto exchange in the world based on trading volume.
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