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#binancewallets "šŸšØšŸ’° Binance Wallet's UPTOP Trading Competition is live! 🌟 Trade UPTOP on Binance Alpha & share $340K in rewards! šŸ† Top 5,580 users by purchase volume win 1,700 UPTOP tokens each! šŸ’ø Don't miss out! ā° Promotion ends August 3, 2025. #binancewallets
#binancewallets
"šŸšØšŸ’° Binance Wallet's UPTOP Trading Competition is live! 🌟 Trade UPTOP on Binance Alpha & share $340K in rewards! šŸ† Top 5,580 users by purchase volume win 1,700 UPTOP tokens each! šŸ’ø Don't miss out! ā° Promotion ends August 3, 2025.
#binancewallets
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Bearish
#BinanceWallets Hot wallets vs cold wallets Binance stores most of its users' assets in cold wallets for security. Only a small portion is kept in hot wallets to support daily withdrawals and trades. Binance also has the SAFU Fund (Secure Asset Fund for Users) to protect users in case of a security breach. Binance itself uses cold storage to protect a large portion of customer assets. $BTC {spot}(BTCUSDT)
#BinanceWallets
Hot wallets vs cold wallets

Binance stores most of its users' assets in cold wallets for security.

Only a small portion is kept in hot wallets to support daily withdrawals and trades.

Binance also has the SAFU Fund (Secure Asset Fund for Users) to protect users in case of a security breach.

Binance itself uses cold storage to protect a large portion of customer assets.

$BTC
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