#CryptoSecurity101 The crypto space has come a long way since its early days. The industry has transformed beyond recognition thanks to improvements in regulation, enhanced security infrastructure, and a reduction in the share of illegal activities as a result of these measures. Nevertheless, one fundamental truth of digital finance remains unchanged: there are always bad actors looking to exploit vulnerabilities and steal funds.
Given the decentralized nature of cryptocurrency, a significant portion of the responsibility for protecting assets lies with the users themselves. Over the past five years, Binance has welcomed hundreds of millions of new users, many of whom have yet to develop the necessary level of security awareness needed to approach cryptocurrency with an optimal security mindset. The need for continuous education, reliable security measures, and proactive risk mitigation still exists and will always be there. Read on to learn what Binance is doing to protect your funds.