#CryptoSecurity101 The cryptocurrency space has come a long way since its early days. The industry has changed beyond recognition thanks to improvements in regulation, enhancements in security infrastructure, and a reduction in the share of illegal activities as a result of these steps. Nevertheless, one fundamental truth of digital finance remains unchanged: there are always bad actors who want to exploit vulnerabilities and steal funds.
Given the decentralized nature of cryptocurrency, a significant part 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 required to approach cryptocurrency with an optimal security mindset. The need for continuous education, reliable security measures, and proactive risk mitigation still exists and always will. Read on to learn what Binance is doing to protect your funds.