Binance is a place we trust—but security is our responsibility too
Following a recent security incident, Binance clearly stated that users would not bear the losses of affected assets. The company is covering the losses with its own funds and the SAFU fund, and has already replenished approximately 98% of the affected assets.
This is a positive sign: Binance is taking responsibility for protecting users’ trust. So those of us who use Binance can use the platform mindfully—while always making sure our own security is protected too.
What we’ll do:
Use only the official Binance app and website
Keep 2FA enabled and use strong, unique passwords
Never log in through a link, message, or “support agent”
Check Proof of Reserves to verify that my balance is backed by reserves
Consider using my own self-custody wallet for large or long-term holdings
Trade based on research and risk management, not emotion
Binance’s swift response has strengthened our trust. Still, let’s remember: no investment in the crypto market is 100% risk-free. Trust, but stay cautious.
Stay on Binance, trade safely, and move forward responsibly.
