. 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.
Nope, Trust wallet is not the place where you want to store your crypto for a longer period of time. It is ok for a hot wallet, a place where you will store smaller amount of crypto that you need for everyday use but nothing more than that. And even for that there are better choices if you plan to store only bitcoin and don't need multicoin support.
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.[/quiote]
I personally wouldn't put too much trust into so called SAFU fund because if shit hit the fun and bigger hack happens I don't think that it will much, if anything. Its probably just a marketing stunt and nothing else.