Is my crypto safe on Binance us?

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

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.