How safe is the Coin app?

I'm curious about the safety of the Coin app. Can you provide some insights into its security measures and whether it's a trustworthy platform for storing and managing cryptocurrencies? I've heard about various scams and hacks in the crypto world, so I want to ensure that my funds are protected if I decide to use the Coin app. What kind of encryption does it use? Are there any security audits or certifications that the app has undergone? Additionally, how does it handle user data and privacy? I'd appreciate any information you can provide to help me make an informed decision.