Is binance safe for funding?
Binance has implemented several security measures, including two-factor authentication (2FA), cold storage for funds, and a Secure Asset Fund for Users (SAFU), making it one of the safer options among cryptocurrency exchanges. While no exchange is completely immune to risks, Binance has demonstrated a commitment to addressing security incidents swiftly and enhancing their security protocols. However, users should also take personal precautions, such as enabling 2FA and being cautious of phishing attempts, to further enhance their security when using Binance or any other exchange.