Post
Topic
Board Service Discussion (Altcoins)
Re: Is it safe to save USDT and BUSD on binance for long term?
by
crytolad
on 12/10/2022, 11:02:21 UTC
Hi
I receive some money from my friend to my USDT address on binance web wallet from month to month. If my friend somehow fakely demand the money legally/illegally on binance from my wallet, can he get any money from my wallet in the future? Is that possible?

Is it safe to save USDT and BUSD on binance for long term?

Since you are going for the long term, the safest place to save your funds is a cold wallet and not Binance exchange. Exchange can be hacked and Binance is not an exception as it has been hacked before.