How safe is Phemex?

As a cryptocurrency trader, I'm constantly on the lookout for secure and reliable platforms to conduct my transactions. Phemex has been making waves in the industry lately, but I can't help but wonder: How SAFE is Phemex really? What kind of security measures does the platform have in place to protect users' funds and data? Are there any reported incidents of hacks or security breaches? And how does Phemex stack up against other popular crypto exchanges in terms of safety and reliability? It's important for me to have all the facts before entrusting my hard-earned money to any platform, so I'm eager to hear more about Phemex's safety measures and track record.