Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Binance => Topic started by: XM8 on May 01, 2021, 10:52:20 AM
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Binance is definitely one of those exchanges that are taking their security seriously, and because of that, Binance is a great platform to use for trading cryptocurrencies. ... Hence, storing funds for long-term storage on Binance and any other exchange is a big no.
Source:
https://www.google.com/search?q=about+binance+exchange&oq=about+binance&aqs=chrome.1.69i57j0l4.4273j0j4&client=ms-android-xiaomi-rev2&sourceid=chrome-mobile&ie=UTF-8 (https://www.google.com/search?q=about+binance+exchange&oq=about+binance&aqs=chrome.1.69i57j0l4.4273j0j4&client=ms-android-xiaomi-rev2&sourceid=chrome-mobile&ie=UTF-8)
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Binance is definitely one of those exchanges that are taking their security seriously, and because of that, Binance is a great platform to use for trading cryptocurrencies. ... Hence, storing funds for long-term storage on Binance and any other exchange is a big no.
Source:
https://www.google.com/search?q=about+binance+exchange&oq=about+binance&aqs=chrome.1.69i57j0l4.4273j0j4&client=ms-android-xiaomi-rev2&sourceid=chrome-mobile&ie=UTF-8 (https://www.google.com/search?q=about+binance+exchange&oq=about+binance&aqs=chrome.1.69i57j0l4.4273j0j4&client=ms-android-xiaomi-rev2&sourceid=chrome-mobile&ie=UTF-8)
Yes i think it is safe. Because, Binance Platform has a worldwide reputation as one of the best and most secure exchanges. But you also have to be careful. The bigger concerns should be keeping your account & passwords safe. Remember, hackers will go to extreme lengths to get your coins. Always enable to Google Authenticator. Hopefully your assets is definitely safe.
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Of course, because binance is the most popular and high-quality cryptocurrency exchange, well, this is of course my opinion, and of course there are also exchanges that are about as popular as binance, and of course you can hold your money on binance, of course hackers can hack binance like this was recently, but all the money to binance users was fully returned and the ceo of binance has a lot of money and if will be another hack of the binance exchange, binance ceo will return all the money, I hope of course that this will not happen again.
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Of course, because binance is the most popular and high-quality cryptocurrency exchange, well, this is of course my opinion, and of course there are also exchanges that are about as popular as binance, and of course you can hold your money on binance, of course hackers can hack binance like this was recently, but all the money to binance users was fully returned and the ceo of binance has a lot of money and if will be another hack of the binance exchange, binance ceo will return all the money, I hope of course that this will not happen again.
Any exchange (including Binance) can have security gaps, and in fact the exchanges have many, they have not been exploited because at the moment they may be unknown, but when someone compiles an exploit I assure you that they will. There is no exchange that is 100% secure because there is not 100% security.
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You can save your money in this wallet if you wish. Because the Binance exchange is very secure and you can withdraw your money at any time, you do not have to apply any extra security. You can transfer your money from that exchange to any exchange if you wish.