The world’s largest cryptocurrency exchange Binancecontinues its efforts to attract more investors and win new ones. Finally, the company, which is aware of the fact that one of the most important priorities of the users is security, became the agenda with the billion-dollar measure it took. Here is the new measure taken by the company…
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Binance insures investors’ money
As you know, cyber attacks are one of the biggest dangers for cryptocurrency exchanges. hackerThe cost of these attacks by the ‘s can reach hundreds of millions of dollars. although Binance and similar platforms may be insufficient even if they take various security measures.
The popular cryptocurrency exchange, which considers the possibility of failure of the measures it takes, 1 billion dollars created an insurance fund. In a possible problem, the company will use the money in this fund to compensate the loss of the platform and its customers.
In this way, the safety of the customers will be guaranteed, and the reliability of the company will also increase. According to the news of Bloomberg, who made a statement on the subject Binance CEO‘That changpeng Zhaoused the following expressions.
Binance We have always said that users’ investments are safe, and today the company’s Secure Asset Fund ensures that users are effectively protected against unwanted scams such as cyber attacks.
So what do you think about this subject? What do you think BinanceWill this new measure taken by ‘s guarantee that more people use the platform for investment? Give your feedback in the comments section or SDN ForumYou can share it with us.