Is it safe to use BingX?

Could you please elaborate on the safety measures in place at BingX? Are there any known security breaches or vulnerabilities that users should be aware of? How does BingX protect user data and funds? Do they have robust encryption protocols and multi-factor authentication options? Additionally, what steps does BingX take to prevent fraud and scams on their platform? It's important for potential users to understand the level of safety before entrusting their investments with any cryptocurrency exchange.