Is it safe to buy Binance Coin?

I'm considering investing in Binance Coin, but I'm a bit hesitant. Can you tell me, is it safe to buy Binance Coin? I've heard about its popularity in the cryptocurrency market, but I'm also aware of the risks involved in this volatile industry. What are the key factors I should consider before making a purchase? Is the Binance platform secure? What about the regulatory environment? Could you provide some insights on the potential upside and downside of investing in Binance Coin? Your expert advice would be greatly appreciated.