Is Binance safe to use in India?

General
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