Is Binance us safe 2020?

There have been no reported breaches at Binance.US , but hackers stole $40 million worth of Bitcoin in 2019 from the global Binance exchange. The company said it paid the losses in full to affected users.

Security. Binance.US rates highly on the security of its exchange . For instance, crypto exchange security review site CER ranked Binance.US the fifth most secure exchange, as of March 2022, ahead of big names like Coinbase and even the main Binance exchange.

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.