Is Binance safe to use credit card?

Binance has been mostly safe for people’s information and funds , and the fact that they covered the losses themselves says a lot about them. On top of that, according to Zhao, the transaction was only around 2% of the total Bitcoin holdings of Binance. They ordered a “thorough security review” as well.

Digital wallet options and security There have been no reported breaches at Binance.US , but the global Binance site reported in 2019 that hackers stole 7,000 bitcoins worth $40 million at the time. The company said it paid the losses in full to affected users.

All your Binance Card funds are protected by the highest security standards available at Binance .