#BinanceSafetyInsights Binance has taken strong steps to protect its users from scams. In 2024, the platform successfully recovered $9.1 million through its Anti-Scam Refund Initiative. However, having more security is always welcome for the crypto market and this milestone indicates Binance’s security commitment as the market continues to boom. According to the report, there are fantastic opportunities in crypto, but scammers are also becoming more and more prevalent. For this problem, Binance has tried to solve it and ensure its users are safe.