Is Binance safe to use in India?

General
1

Is Binance exchange safe to use in india to buy cryptos?

2

The whole crypto market is not safe to invest from India :joy:

1 Like
3

binance is banned in india isnt ?

4

No I just made account on it

5

I think the answer would depend on how you store your crypto.(i.e., the wallets used)

Mostly when the tokens are stored in cold wallet they are considered safe irrespective of the exchange used for trading.

Most people who trade crypto use the exchange’s wallet itself. That is, they rely on the exchange to keep the tokens safe. Ideally, they shouldn’t, and they should always keep the assets in a cold wallet away from the exchanges

6

yeah, it just recently unbanned