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Assalamu Alaikum

how are you all Hope everyone is well! Today I will talk about how reliable Binance is for us, which is the best position in the world right now?
Because many people are always afraid of where to keep their funds, today I am going to share this with you
How Trusted is Binance for us, so let's start today's post-
Currently there are 664 exchangers in the world, of which 229 are active exchangers and these 229
The most active exchange volume comes from Binance!
Binance, currently the world's largest exchange,
Which is not close to the edge! Binance is the best in every way!
Everyone is safe with Binance Fund, no fear!
Many were scared after FTX went bankrupt! I don't know when Binance will go bankrupt! The day Binance goes bankrupt is where the cryptocurrency chapter ends!

[Image collect Pixabay

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The main reason behind Binance not going bankrupt is Proof of Reserve, when we hold Binance Funds Binance holds Binance Funds Reserves in a 1:1 equation!
Let me make it clear, if we deposit $100 in Binance, Binance deposits $100 in Binance Bank to give us more security, because if suddenly Binance gets hacked, users from the reserve
can fund
So keep the reserve backup!
Then the SAFU system, which has no exchanger in the world, stands for Secure Asset For User, Binance keeps the insurance out of the user's fund reserve.
And this rule is no substitute! It's very good side!

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Currently the number 1 exchanger is not only in name! They are the only exchange that cares 60% of funds, other exchanges like Kucoin, Coibase cares 2%, 5% of funds, which is not even close to Binance.
There is no exchange in the world as secure as Binance. Now that many people's fears have been cleared, I hope everyone understands how safe Binance is for us!
Still, if you don't like Binance, you can skip it.
You can use Kucoin, Bybit, Bitget as an alternative to Binance, they are safe but not like Binance.

So I am ending today, everyone be well, Allah-Hafez,