. Binance Wallet (Trust Wallet) is safe to store cryptocurrencies. Do not leave your funds on Binance Exchange. Download Binance Wallet which is called Trust Wallet and store your coins in this wallet.
In hack in 2018, The hack impacted Binance’s so-called “hot wallet,” which is basically storage that connects to the internet and is used for liquidity so bitcoin can be exchanged. However, Binance customers won’t lose money, thanks to its “Secure Asset Fund for Users,” an emergency insurance fund it’s had in place since July 2018.
But in the future, it is difficult to predict what will happen if Binace is hacked again because it depends on how the security and storage network of binace is set up in the future.