According to Richard Teng, Binance prioritizes user safety by introducing proactive measures such as the SAFU Fund, which safeguards user assets, and the Responsible Trading Program, even in regions lacking regulatory frameworks. These initiatives are designed to enhance user protection and confidence in trading on the platform.

According to ZachXBT, the existing system of a crypto platform is flawed, resulting in increased scam incidents among its users. This highlights significant security concerns that traders should be wary of, as such vulnerabilities could impact trading operations and asset safety. Traders are advised to monitor platform reliability and security measures closely, as stated by ZachXBT on Twitter.