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binancesafetyinsights

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Discuss Binance’s risk management and risk control features. How have they enhanced your trading experience? Do you have suggestions for improving existing features, or adding new features to further enhance user safety?
Binance Square Official
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Introducing the last topic of our Risk Management Deep Dive – #BinanceSafetyInsights Binance offers a variety of risk management and risk control features to safeguard your crypto trading, from customizable risk management tools to scam detection and prevention tools. Stay informed of potential risks by following [Binance Risk Sniper](https://www.binance.com/en/square/profile/binance_risk_announcement), our dedicated channel for real-time warnings and educational content crafted by the official Binance Risk Team! 👉 Your post can include: • Describe how Binance risk management and safety tools have enhanced your trading security. • Share details of any risks you’ve encountered while using Binance, including the attack methods used and how you recovered from them. • Provide feedback and suggestions on Binance’s current risk control measures. Highlight any areas where improvements are needed, such as excessive alerts or insufficient control. • Suggest new features or tools that could improve safety on Binance, and explain how these would benefit users. Examples include an anti-scam cooling-off period, scam email alerts, a blacklist address etc. E.g of a post - “I encountered a thrilling fake investment. At first, everything seemed normal. I invested $200 and received $20 in profit on the same day. The second time was $350, which I also received, but Binance froze it and reminded me that it was a scam. The platform asked me to continue investing $5,000, which made me suspicious. After investigation, it was indeed a scam, and Binance successfully helped me avoid a loss of $5,000. #BinanceSafetyInsights " 📢 Create a post with #BinanceSafetyInsights and share your insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center) Full campaign details [here](https://www.binance.com/en/square/post/22460231593642).
Introducing the last topic of our Risk Management Deep Dive – #BinanceSafetyInsights
Binance offers a variety of risk management and risk control features to safeguard your crypto trading, from customizable risk management tools to scam detection and prevention tools. Stay informed of potential risks by following Binance Risk Sniper, our dedicated channel for real-time warnings and educational content crafted by the official Binance Risk Team!

👉 Your post can include:
• Describe how Binance risk management and safety tools have enhanced your trading security.
• Share details of any risks you’ve encountered while using Binance, including the attack methods used and how you recovered from them.
• Provide feedback and suggestions on Binance’s current risk control measures. Highlight any areas where improvements are needed, such as excessive alerts or insufficient control.
• Suggest new features or tools that could improve safety on Binance, and explain how these would benefit users. Examples include an anti-scam cooling-off period, scam email alerts, a blacklist address etc.
E.g of a post - “I encountered a thrilling fake investment. At first, everything seemed normal. I invested $200 and received $20 in profit on the same day. The second time was $350, which I also received, but Binance froze it and reminded me that it was a scam. The platform asked me to continue investing $5,000, which made me suspicious. After investigation, it was indeed a scam, and Binance successfully helped me avoid a loss of $5,000. #BinanceSafetyInsights "

📢 Create a post with #BinanceSafetyInsights and share your insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center)
Full campaign details here.
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$SIGNUSDT Surge: Sharp Increase of 55% in 24 Hours! The $SIGNUSDT coin has recorded an extraordinary surge with an increase of over 55% in just one day! From a low of $0.06650, the price skyrocketed to $0.13291 before a slight correction to the area of $0.11625. This strong breakout indicates significant buying momentum, suggesting the potential for the beginning of a bullish trend. Trading volume exceeded 695 million USDT, reinforcing the signal of high market interest in this asset. With support from technical indicators such as SAR and volume, this movement provides a golden opportunity for traders who are ready and quick to make decisions. Stay alert, don't fall for FOMO! Always ensure you protect your assets and use good risk management strategies. #StaySAFU #SecureYourAssets #BinanceSafetyInsights #SIGNUSDT #CryptoNews #Altcoin #BreakoutStrategy
$SIGNUSDT Surge: Sharp Increase of 55% in 24 Hours!

The $SIGNUSDT coin has recorded an extraordinary surge with an increase of over 55% in just one day! From a low of $0.06650, the price skyrocketed to $0.13291 before a slight correction to the area of $0.11625. This strong breakout indicates significant buying momentum, suggesting the potential for the beginning of a bullish trend.

Trading volume exceeded 695 million USDT, reinforcing the signal of high market interest in this asset. With support from technical indicators such as SAR and volume, this movement provides a golden opportunity for traders who are ready and quick to make decisions.

Stay alert, don't fall for FOMO! Always ensure you protect your assets and use good risk management strategies.

#StaySAFU #SecureYourAssets #BinanceSafetyInsights
#SIGNUSDT
#CryptoNews #Altcoin #BreakoutStrategy
LZYXZN_:
sim, totalmente imprevisível é tanto que ela explodiu
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New to Crypto? To Avoid Being Scammed, Read This First! #StaySAFU #BinanceSafetyInsights #CryptoForBeginners When I first entered the crypto world, to be honest... I almost fell for scams too. There were so many fake airdrop links, strange WhatsApp groups, and even fake accounts claiming to be “Binance admins” offering bonuses. To help you not make the same mistakes I did, here are some simple tips from personal experience: 1. Don’t click random links — especially ones claiming “you’ll get a 1000 USDT” without registering anything. 2. Always double-check official websites and accounts — make sure the URL is correct (for example: binance.com, not binance-xyz.com). 3. Enable 2FA (Two-Factor Authentication) on your Binance account, at least using Google Authenticator. 4. Never send coins to someone who promises to return double — that is 100% a scam, no matter who says it. 5. Join official communities to get reliable information. Remember, in crypto, you are the one who protects your assets. There is no “Customer Service” that will return your coins once you’ve been scammed. Come on, help fellow traders be more aware! #StaySAFU and continue to educate yourself with Binance!
New to Crypto? To Avoid Being Scammed, Read This First!
#StaySAFU #BinanceSafetyInsights #CryptoForBeginners
When I first entered the crypto world, to be honest... I almost fell for scams too. There were so many fake airdrop links, strange WhatsApp groups, and even fake accounts claiming to be “Binance admins” offering bonuses.
To help you not make the same mistakes I did, here are some simple tips from personal experience:

1. Don’t click random links — especially ones claiming “you’ll get a 1000 USDT” without registering anything.

2. Always double-check official websites and accounts — make sure the URL is correct (for example: binance.com, not binance-xyz.com).

3. Enable 2FA (Two-Factor Authentication) on your Binance account, at least using Google Authenticator.

4. Never send coins to someone who promises to return double — that is 100% a scam, no matter who says it.

5. Join official communities to get reliable information.

Remember, in crypto, you are the one who protects your assets. There is no “Customer Service” that will return your coins once you’ve been scammed.
Come on, help fellow traders be more aware! #StaySAFU and continue to educate yourself with Binance!
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#BinanceSafetyInsights Your safety is your responsibility. Always enable two-factor authentication (2FA) on your Binance account to add an extra layer of protection. Avoid clicking on suspicious links or emails – phishing is a reality. Use a strong, unique password and never share it with anyone. Limit access to your API and trade only from trusted devices. Stay updated with official Binance security tips and alerts. In the world of cryptocurrencies, wise traders prioritize their protection. Be wise. Be safe. #CryptoSafety #TradeSecurely
#BinanceSafetyInsights
Your safety is your responsibility. Always enable two-factor authentication (2FA) on your Binance account to add an extra layer of protection. Avoid clicking on suspicious links or emails – phishing is a reality. Use a strong, unique password and never share it with anyone. Limit access to your API and trade only from trusted devices. Stay updated with official Binance security tips and alerts. In the world of cryptocurrencies, wise traders prioritize their protection.
Be wise. Be safe.
#CryptoSafety #TradeSecurely
Binance Announce Babylon (BABY), its 14th HOLDer Airdrop Project Retroactive BNB Simple Earn memberships allow users to earn BABY. April 10 will see Binance list BABY. Binance revealed its 14th HODLer Airdrop project - Babylon (BABY). By allowing self-custodial BTC staking straight on the Bitcoin network, Babylon improves the security of PoS blockchains. Designed to provide token airdrops based on previous snapshots of BNB balances, Binance's HOLDer Airdrops reward BNB holders. Binance Baby HODLer Airdrop Information The official statement said that consumers who subscribed their BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products between March 7, at 00:00 ( UTC) and March 12, at 23:59 ( UTC) would get the airdrop distribution. Binance compiled the following BABY HODLer Airdrop data: There are ten billion baby tokens overall in the Genesis token count. With 8% yearly inflation for the first year and limitless maximum token supply, governance proposals control the inflation rate beginning from the second year. Comprising 75 million BABY tokens, or 0.75% of the Genesis total token supply, the HODLer Airdrops token payment is based on Following the BABY listing on Spot, another 121,6 million BABY tokens will be distributed in stages for six months to Marketing Campaigns. After the Binance listing, there will be more than 10 billion BABY tokens overall. Of the entire token supply, the circulating supply following Binance listing will be about 2,29 billion BABY tokens, or 22.9%. The BABY listing charge will be zero. The bitcoin exchange will commence trading for the following pairs and list BABY on April 10 at 10:00 ( UTC): BABY/USDT BABY/USDC BABY/BNB BABY/FDUSD BABY/TRY Binance will offer BABY with the Seed Tag applied, so the project is younger and may show more volatility than other previously mentioned coins. Users of it have to be careful about their investment in it. #BinanceHODLerBABY #BinanceAlphaAlert #SecureYourAssets $BNB #BinanceSafetyInsights
Binance Announce Babylon (BABY), its 14th HOLDer Airdrop Project
Retroactive BNB Simple Earn memberships allow users to earn BABY.
April 10 will see Binance list BABY.
Binance revealed its 14th HODLer Airdrop project - Babylon (BABY).
By allowing self-custodial BTC staking straight on the Bitcoin network, Babylon improves the security of PoS blockchains.
Designed to provide token airdrops based on previous snapshots of BNB balances, Binance's HOLDer Airdrops reward BNB holders.
Binance Baby HODLer Airdrop Information
The official statement said that consumers who subscribed their BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products between March 7, at 00:00 ( UTC) and March 12, at 23:59 ( UTC) would get the airdrop distribution.
Binance compiled the following BABY HODLer Airdrop data:
There are ten billion baby tokens overall in the Genesis token count.
With 8% yearly inflation for the first year and limitless maximum token supply, governance proposals control the inflation rate beginning from the second year.
Comprising 75 million BABY tokens, or 0.75% of the Genesis total token supply, the HODLer Airdrops token payment is based on
Following the BABY listing on Spot, another 121,6 million BABY tokens will be distributed in stages for six months to Marketing Campaigns.
After the Binance listing, there will be more than 10 billion BABY tokens overall.
Of the entire token supply, the circulating supply following Binance listing will be about 2,29 billion BABY tokens, or 22.9%.
The BABY listing charge will be zero.
The bitcoin exchange will commence trading for the following pairs and list BABY on April 10 at 10:00 ( UTC):
BABY/USDT
BABY/USDC
BABY/BNB
BABY/FDUSD
BABY/TRY
Binance will offer BABY with the Seed Tag applied, so the project is younger and may show more volatility than other previously mentioned coins. Users of it have to be careful about their investment in it.
#BinanceHODLerBABY #BinanceAlphaAlert #SecureYourAssets $BNB #BinanceSafetyInsights
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One day, God willing, I will become richWill I become rich one day? The dream of wealth from cryptocurrencies is one of the most widespread dreams among people in the last decade, especially after real stories of ordinary people turning into millionaires overnight. But this dream has two faces: a shiny attractive face, and a dark face with significant risks. The shiny face (the beautiful dream): 1. Success stories:

One day, God willing, I will become rich

Will I become rich one day?
The dream of wealth from cryptocurrencies is one of the most widespread dreams among people in the last decade, especially after real stories of ordinary people turning into millionaires overnight. But this dream has two faces: a shiny attractive face, and a dark face with significant risks.
The shiny face (the beautiful dream):
1. Success stories:
#BinanceSafetyInsights Sure! Here's a professional and informative post for #BinanceSafetyInsights: Knowledge is your first line of defense. Stay updated with the latest security practices and scam alerts from Binance. Educate yourself, verify every transaction, and never share your login details. Because safety isn't optional — it's essential. Binance prioritizes user safety with advanced security measures. Two-Factor Authentication (2FA) and encryption protect accounts. Withdrawal whitelisting and anti-phishing codes add extra layers of security. Binance also uses cold storage for funds and undergoes regular security audits. The platform's anti-money laundering (AML) and know-your-customer (KYC) policies ensure compliance. Binance's insurance fund protects users' assets. While Binance implements robust security measures, users should also take precautions, such as using strong passwords and being cautious of phishing attempts. By combining Binance's security features with personal vigilance, users can enhance their account protection and trade with confidence on the platform. Safety first always.
#BinanceSafetyInsights Sure! Here's a professional and informative post for #BinanceSafetyInsights:
Knowledge is your first line of defense.
Stay updated with the latest security practices and scam alerts from Binance.
Educate yourself, verify every transaction, and never share your login details.
Because safety isn't optional — it's essential.

Binance prioritizes user safety with advanced security measures. Two-Factor Authentication (2FA) and encryption protect accounts. Withdrawal whitelisting and anti-phishing codes add extra layers of security. Binance also uses cold storage for funds and undergoes regular security audits. The platform's anti-money laundering (AML) and know-your-customer (KYC) policies ensure compliance. Binance's insurance fund protects users' assets. While Binance implements robust security measures, users should also take precautions, such as using strong passwords and being cautious of phishing attempts. By combining Binance's security features with personal vigilance, users can enhance their account protection and trade with confidence on the platform. Safety first always.
BNB/USDT
Buy
Price/Amount
594.52/0.019
#BinanceSafetyInsights Sure! Here's a professional and informative post for #BinanceSafetyInsights: Knowledge is your first line of defense. Stay updated with the latest security practices and scam alerts from Binance. Educate yourself, verify every transaction, and never share your login details. Because safety isn't optional — it's essential. Binance prioritizes user safety with advanced security measures. Two-Factor Authentication (2FA) and encryption protect accounts. Withdrawal whitelisting and anti-phishing codes add extra layers of security. Binance also uses cold storage for funds and undergoes regular security audits. The platform's anti-money laundering (AML) and know-your-customer (KYC) policies ensure compliance. Binance's insurance fund protects users' assets. While Binance implements robust security measures, users should also take precautions, such as using strong passwords and being cautious of phishing attempts. By combining Binance's security features with personal vigilance, users can enhance their account protection and trade with confidence on the platform. Safety first always.
#BinanceSafetyInsights Sure! Here's a professional and informative post for #BinanceSafetyInsights:
Knowledge is your first line of defense.
Stay updated with the latest security practices and scam alerts from Binance.
Educate yourself, verify every transaction, and never share your login details.
Because safety isn't optional — it's essential.

Binance prioritizes user safety with advanced security measures. Two-Factor Authentication (2FA) and encryption protect accounts. Withdrawal whitelisting and anti-phishing codes add extra layers of security. Binance also uses cold storage for funds and undergoes regular security audits. The platform's anti-money laundering (AML) and know-your-customer (KYC) policies ensure compliance. Binance's insurance fund protects users' assets. While Binance implements robust security measures, users should also take precautions, such as using strong passwords and being cautious of phishing attempts. By combining Binance's security features with personal vigilance, users can enhance their account protection and trade with confidence on the platform. Safety first always.
BNB/USDT
Buy
Price/Amount
594.52/0.019
Binance Announce Babylon (BABY), its 14th HOLDer Airdrop Project Retroactive BNB Simple Earn membersApril 10 will see Binance list BABY. Binance revealed its 14th HODLer Airdrop project - Babylon (BABY). By allowing self-custodial BTC staking straight on the Bitcoin network, Babylon improves the security of PoS blockchains. Designed to provide token airdrops based on previous snapshots of BNB balances, Binance's HOLDer Airdrops reward BNB holders. Binance Baby HODLer Airdrop Information The official statement said that consumers who subscribed their BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products between March 7, at 00:00 ( UTC) and March 12, at 23:59 ( UTC) would get the airdrop distribution. Binance compiled the following BABY HODLer Airdrop data: There are ten billion baby tokens overall in the Genesis token count. With 8% yearly inflation for the first year and limitless maximum token supply, governance proposals control the inflation rate beginning from the second year. Comprising 75 million BABY tokens, or 0.75% of the Genesis total token supply, the HODLer Airdrops token payment is based on Following the BABY listing on Spot, another 121,6 million BABY tokens will be distributed in stages for six months to Marketing Campaigns. After the Binance listing, there will be more than 10 billion BABY tokens overall. Of the entire token supply, the circulating supply following Binance listing will be about 2,29 billion BABY tokens, or 22.9%. The BABY listing charge will be zero. The bitcoin exchange will commence trading for the following pairs and list BABY on April 10 at 10:00 ( UTC): BABY/USDT BABY/USDC BABY/BNB BABY/FDUSD BABY/TRY Binance will offer BABY with the Seed Tag applied, so the project is younger and may show more volatility than other previously mentioned coins. Users of it have to be careful about their investment in it. #BinanceHODLerBABY #BinanceAlphaAlert #SecureYourAssets $BNB #VoteToListOnBinance #BinanceSafetyInsights $FDUSD {spot}(FDUSDUSDT) $BNB {spot}(BNBUSDT)

Binance Announce Babylon (BABY), its 14th HOLDer Airdrop Project Retroactive BNB Simple Earn members

April 10 will see Binance list BABY.
Binance revealed its 14th HODLer Airdrop project - Babylon (BABY).
By allowing self-custodial BTC staking straight on the Bitcoin network, Babylon improves the security of PoS blockchains.
Designed to provide token airdrops based on previous snapshots of BNB balances, Binance's HOLDer Airdrops reward BNB holders.
Binance Baby HODLer Airdrop Information
The official statement said that consumers who subscribed their BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products between March 7, at 00:00 ( UTC) and March 12, at 23:59 ( UTC) would get the airdrop distribution.
Binance compiled the following BABY HODLer Airdrop data:
There are ten billion baby tokens overall in the Genesis token count.
With 8% yearly inflation for the first year and limitless maximum token supply, governance proposals control the inflation rate beginning from the second year.
Comprising 75 million BABY tokens, or 0.75% of the Genesis total token supply, the HODLer Airdrops token payment is based on
Following the BABY listing on Spot, another 121,6 million BABY tokens will be distributed in stages for six months to Marketing Campaigns.
After the Binance listing, there will be more than 10 billion BABY tokens overall.
Of the entire token supply, the circulating supply following Binance listing will be about 2,29 billion BABY tokens, or 22.9%.
The BABY listing charge will be zero.
The bitcoin exchange will commence trading for the following pairs and list BABY on April 10 at 10:00 ( UTC):
BABY/USDT
BABY/USDC
BABY/BNB
BABY/FDUSD
BABY/TRY
Binance will offer BABY with the Seed Tag applied, so the project is younger and may show more volatility than other previously mentioned coins. Users of it have to be careful about their investment in it.
#BinanceHODLerBABY #BinanceAlphaAlert #SecureYourAssets $BNB #VoteToListOnBinance #BinanceSafetyInsights
$FDUSD
$BNB
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Bullish
Everyone asking if $OM and $LUNA will have the same impact. Short answer: HELL NO. Long answer: Luna (Terra Luna) crashed in 2022 because it was tied to a stablecoin called UST, which lost its peg to the dollar. Luna’s value depended on UST, and when UST failed, Luna’s supply was printed in massive amounts to save it causing a kutta crash. OM (Mantra) is not tied to any stablecoin or algorithmic mechanism like Luna. It’s a regular utility token used for governance, staking, and DeFi purposes in the RWA (Real World Asset) ecosystem. Even if OM crashes, it doesn’t have a chain reaction effect on other coins or stablecoins. Why OM won’t crash the crypto market like Luna No algorithmic stablecoin involved. No unlimited minting mechanism. Not really a top 3 coin like Luna was back then. Doesn’t hold huge systemic risk to other protocols which means if Eth foundation dies 1000 of projects build on eth die as well. OM doesnt have projects on it. In short: Luna was connected to a flawed stablecoin system. OM isn’t. {spot}(LUNAUSDT) {spot}(OMUSDT) #LUNA✅ #BinanceSafetyInsights #om
Everyone asking if $OM and $LUNA will have the same impact.
Short answer: HELL NO.
Long answer:
Luna (Terra Luna) crashed in 2022 because it was tied to a stablecoin called UST, which lost its peg to the dollar. Luna’s value depended on UST, and when UST failed, Luna’s supply was printed in massive amounts to save it causing a kutta crash.
OM (Mantra) is not tied to any stablecoin or algorithmic mechanism like Luna. It’s a regular utility token used for governance, staking, and DeFi purposes in the RWA (Real World Asset) ecosystem. Even if OM crashes, it doesn’t have a chain reaction effect on other coins or stablecoins.
Why OM won’t crash the crypto market like Luna
No algorithmic stablecoin involved. No unlimited minting mechanism. Not really a top 3 coin like Luna was back then. Doesn’t hold huge systemic risk to other protocols which means if Eth foundation dies 1000 of projects build on eth die as well. OM doesnt have projects on it.
In short: Luna was connected to a flawed stablecoin system. OM isn’t.
#LUNA✅
#BinanceSafetyInsights #om
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Bearish
#BinanceSafetyInsights Security on Binance: Avoid Hacks and Phishing To avoid hacks and phishing on Binance, follow these tips: - *Enable two-factor authentication (2FA)*: Adds an extra layer of security to your account. - *Use a strong password*: Create a unique and complex password for your Binance account. - *Don't click on suspicious links*: Avoid clicking on links that ask for login information via email or text message. - *Verify the Binance URL*: Ensure the URL is (link unavailable) and not a suspicious variant. - *Don't share login information*: Keep your login information secure and don't share it with anyone. - *Keep software and operating system up-to-date*: Ensure your device and software are updated with the latest security patches. By following these tips, you can reduce the risk of hacks and phishing on your Binance account. be careful with your devices don't lose them
#BinanceSafetyInsights Security on Binance: Avoid Hacks and Phishing

To avoid hacks and phishing on Binance, follow these tips:

- *Enable two-factor authentication (2FA)*: Adds an extra layer of security to your account.
- *Use a strong password*: Create a unique and complex password for your Binance account.
- *Don't click on suspicious links*: Avoid clicking on links that ask for login information via email or text message.
- *Verify the Binance URL*: Ensure the URL is (link unavailable) and not a suspicious variant.
- *Don't share login information*: Keep your login information secure and don't share it with anyone.
- *Keep software and operating system up-to-date*: Ensure your device and software are updated with the latest security patches.

By following these tips, you can reduce the risk of hacks and phishing on your Binance account.
be careful with your devices don't lose them
#BinanceSafetyInsights Binance prioritizes safety with measures like Secure Asset Fund for Users (SAFU) and Proof of Reserves (PoR), ensuring user asset protection. However, users must remain vigilant and follow best practices to minimize risks and maximize security.
#BinanceSafetyInsights
Binance prioritizes safety with measures like Secure Asset Fund for Users (SAFU) and Proof of Reserves (PoR), ensuring user asset protection. However, users must remain vigilant and follow best practices to minimize risks and maximize security.
#BinanceSafetyInsights Solana was launched in 2020 by Solana Labs, which was founded by Anatoly Yakovenko and Raj Gokal in 2018. The blockchain has experienced several major outages, was subjected to a hack, and a class action lawsuit was filed alleging that Solana sells unregistered securities, and misled investors about the number of tokens. The SEC has also filed a lawsuit against a cryptocurrency exchange alleging that Solana should be regulated as a security. Solana's total current trading value was US$55 billion in January 2022. However, by the end of 2022, this had fallen to around $3 billion following the bankruptcy of FTX. Following the general rise of the cryptocurrency market in 2023, its current trading value rose to $7 billion.[needs update] Characteristics
#BinanceSafetyInsights Solana was launched in 2020 by Solana Labs, which was founded by Anatoly Yakovenko and Raj Gokal in 2018. The blockchain has experienced several major outages, was subjected to a hack, and a class action lawsuit was filed alleging that Solana sells unregistered securities, and misled investors about the number of tokens. The SEC has also filed a lawsuit against a cryptocurrency exchange alleging that Solana should be regulated as a security.

Solana's total current trading value was US$55 billion in January 2022. However, by the end of 2022, this had fallen to around $3 billion following the bankruptcy of FTX. Following the general rise of the cryptocurrency market in 2023, its current trading value rose to $7 billion.[needs update]

Characteristics
#BinanceSafetyInsights Binance regularly updates users on security tips and alerts about emerging scams. The “Binance Safety Insights” series helps you identify ongoing threats and teaches you how to avoid them. Simple habits like using strong passwords, verifying your identity (KYC), checking URLs before logging in, and avoiding fake social media channels go a long way in keeping you secure. Don’t lose your funds to negligence—knowledge is your strongest shield in the crypto space.
#BinanceSafetyInsights
Binance regularly updates users on security tips and alerts about emerging scams. The “Binance Safety Insights” series helps you identify ongoing threats and teaches you how to avoid them. Simple habits like using strong passwords, verifying your identity (KYC), checking URLs before logging in, and avoiding fake social media channels go a long way in keeping you secure. Don’t lose your funds to negligence—knowledge is your strongest shield in the crypto space.
#BinanceSafetyInsights Solana was launched in 2020 by Solana Labs, which was founded by Anatoly Yakovenko and Raj Gokal in 2018. The blockchain has experienced several major outages, was subjected to a hack, and a class action lawsuit was filed alleging that Solana sells unregistered securities, and misled investors about the number of tokens. The SEC has also filed a lawsuit against a cryptocurrency exchange alleging that Solana should be regulated as a security. Solana's total current trading value was US$55 billion in January 2022. However, by the end of 2022, this had fallen to around $3 billion following the bankruptcy of FTX. Following the general rise of the cryptocurrency market in 2023, its current trading value rose to $7 billion.[needs update] Characteristics
#BinanceSafetyInsights Solana was launched in 2020 by Solana Labs, which was founded by Anatoly Yakovenko and Raj Gokal in 2018. The blockchain has experienced several major outages, was subjected to a hack, and a class action lawsuit was filed alleging that Solana sells unregistered securities, and misled investors about the number of tokens. The SEC has also filed a lawsuit against a cryptocurrency exchange alleging that Solana should be regulated as a security.

Solana's total current trading value was US$55 billion in January 2022. However, by the end of 2022, this had fallen to around $3 billion following the bankruptcy of FTX. Following the general rise of the cryptocurrency market in 2023, its current trading value rose to $7 billion.[needs update]

Characteristics
#BinanceSafetyInsights Binance prioritizes user safety with several key features: - *Secure Asset Fund for Users (SAFU)*: An emergency fund to protect users against losses, holding over $1 billion in assets, currently stored in USDC tokens. - *Proof of Reserves (PoR)*: An audited method showing Binance has sufficient assets to cover user deposits, providing transparency and verifiable assurance. - *Two-Factor Authentication (2FA)*: Adds an extra layer of security to user accounts, with options for security keys or authenticator apps like Google Authenticator. - *Whitelisting*: Allows users to define pre-approved wallet addresses for withdrawals, preventing unauthorized transactions. - *Cold Storage*: Stores most assets offline, protecting against online threats, with published cold wallet addresses for major coins. - *Encryption*: Uses end-to-end encryption to secure connections and stored user data. - *Anti-Phishing Measures*: Enables users to set anti-phishing codes, verifying the authenticity of emails from Binance. - *Monitoring*: Tracks account activity for suspicious transactions and enforces Know Your Customer (KYC) and anti-money laundering (AML) policies. While Binance has experienced security breaches, such as the 2019 $40 million Bitcoin theft, it has taken steps to enhance security and cover losses with SAFU. To further improve safety, Binance could ¹: - *Enhance Education*: Make safety resources more accessible to users. - *Encourage Robust 2FA*: Promote the use of authenticator apps over SMS authentication. - *Promote Withdrawals*: Encourage users to withdraw funds when not actively trading. Overall, Binance's safety features and transparency efforts make it a relatively secure platform for users.
#BinanceSafetyInsights Binance prioritizes user safety with several key features:
- *Secure Asset Fund for Users (SAFU)*: An emergency fund to protect users against losses, holding over $1 billion in assets, currently stored in USDC tokens.
- *Proof of Reserves (PoR)*: An audited method showing Binance has sufficient assets to cover user deposits, providing transparency and verifiable assurance.
- *Two-Factor Authentication (2FA)*: Adds an extra layer of security to user accounts, with options for security keys or authenticator apps like Google Authenticator.
- *Whitelisting*: Allows users to define pre-approved wallet addresses for withdrawals, preventing unauthorized transactions.
- *Cold Storage*: Stores most assets offline, protecting against online threats, with published cold wallet addresses for major coins.
- *Encryption*: Uses end-to-end encryption to secure connections and stored user data.
- *Anti-Phishing Measures*: Enables users to set anti-phishing codes, verifying the authenticity of emails from Binance.
- *Monitoring*: Tracks account activity for suspicious transactions and enforces Know Your Customer (KYC) and anti-money laundering (AML) policies.

While Binance has experienced security breaches, such as the 2019 $40 million Bitcoin theft, it has taken steps to enhance security and cover losses with SAFU. To further improve safety, Binance could ¹:
- *Enhance Education*: Make safety resources more accessible to users.
- *Encourage Robust 2FA*: Promote the use of authenticator apps over SMS authentication.
- *Promote Withdrawals*: Encourage users to withdraw funds when not actively trading.

Overall, Binance's safety features and transparency efforts make it a relatively secure platform for users.
#BinanceSafetyInsights Binance prioritizes user safety with advanced security measures. Two-Factor Authentication (2FA) and encryption protect accounts. Withdrawal whitelisting and anti-phishing codes add extra layers of security. Binance also uses cold storage for funds and undergoes regular security audits. The platform's anti-money laundering (AML) and know-your-customer (KYC) policies ensure compliance. Binance's insurance fund protects users' assets. While Binance implements robust security measures, users should also take precautions, such as using strong passwords and being cautious of phishing attempts. By combining Binance's security features with personal vigilance, users can enhance their account protection and trade with confidence on the platform. Safety first always.
#BinanceSafetyInsights Binance prioritizes user safety with advanced security measures. Two-Factor Authentication (2FA) and encryption protect accounts. Withdrawal whitelisting and anti-phishing codes add extra layers of security. Binance also uses cold storage for funds and undergoes regular security audits. The platform's anti-money laundering (AML) and know-your-customer (KYC) policies ensure compliance. Binance's insurance fund protects users' assets. While Binance implements robust security measures, users should also take precautions, such as using strong passwords and being cautious of phishing attempts. By combining Binance's security features with personal vigilance, users can enhance their account protection and trade with confidence on the platform. Safety first always.
#BinanceSafetyInsights BinanceSafetyInsights What are the risks of using Binance? Let’s walk through the risks of Binance: Platform Breaches: Binance has faced multiple hacks in its history. However, the company’s insurance fund has been used to fully compensate users for lost assets. Phishing scams: Scammers often impersonate support representatives from Binance to hack into customer accounts. However, it’s important to note this type of scam is not just limited to Binance — it’s common across the cryptocurrency ecosystem. Regulatory risks: In the past, Binance has stopped operating in multiple countries due to regulatory issues. If Binance pulls out of your region, you’ll need to transfer your funds to avoid losing access to your crypto. How to stay safe on Binance Let’s walk through a few tips to stay safe on Binance and other exchanges. Enable 2FA: Turn on 2-factor authentication to give your account an extra layer of protection. Use Strong, Unique Passwords: Avoid reusing passwords and consider using a password manager. Protect Against Phishing: Avoid clicking on suspicious links and be cautious of anyone who claims to be a support representative from Binance. Avoid Malware: Install antivirus software like MalwareBytes to protect against cybersecurity threats. Withdraw Crypto to Private Wallets: It’s recommended that you move your cryptocurrency to a custodial wallet for long-term storage. A cold wallet can provide extra protection by storing your private keys offline.
#BinanceSafetyInsights BinanceSafetyInsights
What are the risks of using Binance?
Let’s walk through the risks of Binance:
Platform Breaches: Binance has faced multiple hacks in its history. However, the company’s insurance fund has been used to fully compensate users for lost assets.
Phishing scams: Scammers often impersonate support representatives from Binance to hack into customer accounts. However, it’s important to note this type of scam is not just limited to Binance — it’s common across the cryptocurrency ecosystem.
Regulatory risks: In the past, Binance has stopped operating in multiple countries due to regulatory issues. If Binance pulls out of your region, you’ll need to transfer your funds to avoid losing access to your crypto.
How to stay safe on Binance
Let’s walk through a few tips to stay safe on Binance and other exchanges.
Enable 2FA: Turn on 2-factor authentication to give your account an extra layer of protection.
Use Strong, Unique Passwords: Avoid reusing passwords and consider using a password manager.
Protect Against Phishing: Avoid clicking on suspicious links and be cautious of anyone who claims to be a support representative from Binance.
Avoid Malware: Install antivirus software like MalwareBytes to protect against cybersecurity threats.
Withdraw Crypto to Private Wallets: It’s recommended that you move your cryptocurrency to a custodial wallet for long-term storage. A cold wallet can provide extra protection by storing your private keys offline.
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