Why is Binance consistently regarded as secure? Despite a notable incident in 2020 where the CEO was removed and withdrawals halted for two months, Binance remains resilient. Despite scrutiny over potential misuse of user funds, no conclusive evidence was found. Even during mass withdrawals, Binance maintained its withdrawal service. Criticism against CZ, the CEO, appears more as an excuse. While some believe other platforms could surpass Binance, many are simply scams. In the volatile crypto landscape, Binance stands as a reliable option, unlike smaller platforms prone to disappearing in bear markets.
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