I'm interested in using Binance to trade cryptocurrencies, but I'm concerned about its safety in the UK. I've heard some mixed reviews about the platform, with some users praising its features and others warning about potential risks.
Can you provide some insights into the safety of using Binance in the UK? Are there any specific regulations or licenses that the platform holds in the UK that would reassure me of its legitimacy?
Additionally, I'd like to know about the security measures taken by Binance to protect user funds and personal information. How secure is the platform against hacks or other security breaches?
Lastly, are there any alternative cryptocurrency exchanges that you would recommend in the UK, considering both safety and reliability?
Thank you for your help!