Is Coins.ph safe to use?

Considering the growing popularity of Coins.ph as a cryptocurrency platform in the Philippines, one might naturally ask, "Is Coins.ph SAFE to use?" With cyber threats on the rise, security concerns are paramount for users entrusting their digital assets. Does Coins.ph employ robust security measures to safeguard against hacks and scams? How does it handle user data and ensure the privacy of its customers? Are there any known incidents of security breaches or fraudulent activities associated with the platform? These are all valid questions that potential users may have when evaluating the safety of using Coins.ph.