5 While Binance replaced users’ bitcoin and the U.S.-partner platform hasn’t been hacked , it’s important to be aware that security breaches are a risk with any crypto exchange.
Read moreIs Binance secure and safe?
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.
Read moreCan your Binance account be hacked?
Yes, Binance is completely safe and secure to store cryptocurrencies. And I think Binance is the best platform for trading and cryptocurrencies around the world. So you can definitely use Binance to store cryptocurrencies without any worries because it never get hacked .
Read moreIs the Binance wallet safe?
Binance offers a relatively secure, versatile way to invest in and trade cryptocurrencies . Binance could be overwhelming for beginners and experienced traders alike. Binance offers lower fees than many other cryptocurrency exchanges.
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