Binance News
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Former CEO CZ: Binance has invested billions of dollars in security to prevent hackers and scams
Binance founder and former CEO Zhao Changpeng (CZ) posted on Binance Square "[（Keep Your Crypto #SAFU (CZ's Tips)](https://www.binance.com/en/square/post/20730189484273)". In the post, Zhao Changpeng (CZ) mentioned that Binance has invested billions of dollars in security and has also made significant investments in big data and artificial intelligence to enhance protection against hackers and scammers. He emphasized that even if a user's SIM card is swapped, Binance can effectively protect users from financial losses.Regarding security measures, Zhao Changpeng (CZ) advised users to avoid downloading any files when using centralized exchanges and to stay informed about software updates regularly. Concerning email accounts, Zhao Changpeng (CZ) recommended using Gmail or Protonmail and setting up a separate email address for each exchange. Additionally, users should enable 2FA authentication immediately after registering for a Binance account, set up U2F, discontinue SMS verification, and enable Binance's whitelist feature to secure withdrawals.
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