#BinanceSafetyInsights Binance prioritizes user safety with a multi-layered security strategy:

- *Platform Security*

- Stores most user funds in offline, cold storage facilities to minimize cyber threats

- Real-time monitoring analyzes every withdrawal attempt, password reset, and email change

- Advanced data encryption protects user data and personal info

- *User-Level Security*

- Supports two-factor authentication (2FA) with hardware keys, app-based, SMS, and email verification

- Access control features like IP and wallet address whitelisting, API access control, and device management

- Immediate alerts for suspicious activity via email and in-app notifications

- *Proactive Threat Monitoring and Risk Prevention*

- A hybrid approach using AI and manual review detects and flags suspicious transactions

- Prevented over $4.2 billion in potential user losses in 2024, protecting 2.8 million users worldwide

- Eight-tier risk mitigation strategy balances security with user experience

- *Secure Asset Fund for Users (SAFU)*

- Established in 2018 as an emergency protection measure

- Maintains a value of $1 billion in USDC to ensure an additional layer of financial security

- *Security Education*

- Offers educational resources like Binance Academy articles and security tips to promote a security-first mindset among users ¹