Which is safer, Binance or KuCoin?

It's a common question among cryptocurrency traders and investors to ponder over the safety of various exchanges. So, let's dive into the comparison between Binance and KuCoin to determine which one offers a safer platform. Binance, known as one of the largest cryptocurrency exchanges globally, boasts a robust security infrastructure that includes multi-layered defenses, such as two-factor authentication, advanced encryption techniques, and a dedicated security team. The exchange has also undergone several security audits to ensure the safety of user funds and data. On the other hand, KuCoin, though relatively newer, has also implemented various security measures to protect its users. It offers similar security features like two-factor authentication, cold wallet storage for major cryptocurrencies, and a dedicated security team. However, it's essential to note that the platform's history and track record in handling security breaches might not be as extensive as Binance's. Given the size and reputation of Binance, as well as its extensive security measures, it could be argued that Binance offers a safer platform compared to KuCoin. However, it's crucial to keep in mind that no exchange can guarantee 100% security, and users should always exercise caution when storing their funds on any exchange.