Did you know that Crypto illicit activity is on an all time low since 2021? The CEX that am I using the most is Binance:

🛡️ Here is how Binance Keeps Your Crypto Safe:

➜ Binance uses a multi-layered security strategy to protect users.

Both platform-level & user-level defenses are in place. Let’s break it down. 👇

➜ Real-Time Monitoring: Suspicious activity triggers 24–48h hold

Multi-Sig & TSS: Protects fund access

➜ Full Data Encryption: KYC & personal info secured

➜ User-Level Security - Strong 2FA: Hardware key, app, SMS, email

➜ Access Controls: IP & wallet whitelisting, device & API management

➜ Instant Alerts: Email + in-app if suspicious activity is detected

On top of that they also have Secure Asset Fund for Users (SAFU) in July 2018 as an emergency protection measure. Binance keeps the value of the fund at $1 billion in USDC.