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.
Read moreIs my money safe on Binance?
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 .
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