Binance is the biggest crypto exchange in the world by volume and many people think it is also a safe place where to store their crypto assets. 3 months ago FTX was also considered to be “safe”. Then witdrawals were paused and investors lost billions. Can the same thing happen with Binance?
Is Binance safe? Where is it based?
Fun fact - "Feb 2, 2023 — Bifinity was the Baltic nation's second-biggest contributer of corporate tax last year, according to data by the tax authority." https://www.bloomberg.com/news/articles/2023-02-02/lithuania-reins-in-crypto-registrations-after-boom-exposed-risks#xj4y7vzkg