Cryptocurrency Q&A
Can I keep money on Binance?
Can I keep money on Binance?
HanjiHandiwork
Wed May 08 2024
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7 answers
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I'm new to the world of cryptocurrencies and I'm considering using Binance as my trading platform. I've heard a lot about it, but I'm still a bit unsure about some things. One of my main concerns is the safety of my funds. Can I keep money on Binance safely? I've heard about some security breaches in the past, so I'm a bit worried. Do they have robust security measures to protect their users' funds? And if something goes wrong, what kind of customer support can I expect from them? I want to make sure that I can rely on them in case of any issues. Can you give me some insight into this?
7 answers
Luca
Thu May 09 2024
If you're actively trading cryptocurrencies and need to store them on an exchange, Binance is a secure choice.
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BlockchainWizard
Thu May 09 2024
Binance is a well-regarded exchange in the cryptocurrency industry.
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Carolina
Thu May 09 2024
When compared to other exchanges, it is considered one of the safer options.
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HanRiverWave
Thu May 09 2024
BTCC is another UK-based cryptocurrency exchange worth mentioning.
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Bianca
Thu May 09 2024
However, for long-term crypto holdings, a private hardware wallet might offer better security.
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