#BinanceSafetyInsights Binance Safety FeaturesBinance offers several security measures to keep your assets safe. Here are the highlights:Secure Asset Fund for Users (SAFU): An emergency fund with over $1 billion in assets, stored in USDC, to cover losses from breaches due to Binance vulnerabilities. You can verify the Ethereum wallet address at this link.Proof of Reserves (PoR): An audited method showing Binance has enough assets to cover user deposits, enhancing transparency. You can search by asset type with block height for verification.Two-Factor Authentication (2FA): Supports security keys (e.g., Yubikey) and authenticator apps (e.g., Google Authenticator, Binance app) to prevent unauthorized access.Cold Storage: Most assets are kept in offline wallets, with public addresses for major coins (BTC, ETH, stablecoins) available for verification at this page.Whitelisting: Allows you to define pre-approved wallet addresses and IP addresses for withdrawals, blocking unauthorized transfers and sending an email with an authorization code.Monitoring: Continuous monitoring for suspicious transactions, with oversight from regulatory bodies like FinCEN and DOJ for three years as part of a settlement, reporting to the US government.Encryption: Uses end-to-end encryption for site connections and encrypts stored user data on Binance.com and Binance.us.Anti-phishing Measures: Enables anti-phishing codes in official emails to verify authenticity and prevent hasty mistakes.Tips for Better TradingTo trade smarter and safer on Binance, consider these actionable tips:Enable 2FA immediately using multiple methods, as recommended in Binance.US security settings. Setup instructions are available at this FAQ.Set up whitelisting to only allow withdrawals to your pre-approved wallet addresses, reducing the risk of unauthorized transfers.Regularly check your account activity for suspicious transactions and review your portfolio using Binance’s trading tools to spot trends.