I do not think that maybe something from a weak defense can work out well. There are some very unpleasant situations, so you should pay attention to modern protection systems.
The project team claims that the protection of users' funds will be at the height and the theft of money will be impossible, let's see how it will look in reality.
From all that I read about the project, it seems to me that the security system on the exchange will be at a high level. Another positive point is the insurance fund, which the team plans to replenish from its profits.
There's no such thing as perfect system, See how binance got hack with almost $40,000,000 USD.
The main thing right now is how these guys will handle customers fund and how they will secure everything against hackers.
Also their TOS should clearly explain how their company will handle an hacking incident. There should a be a clear guidelines so no surprises when they suddenly get hacked
