Over 80% of Binance Users in Asia Implement Good Cybersecurity Practices

Jakarta, Pintu News – A recent survey conducted by Binance of users in Asia revealed encouraging results regarding cybersecurity practices. More than 80% of users in the region use two-factor authentication (2FA), and 73% of them regularly double-check their transactions. These results show a high awareness of the importance of security in crypto transactions.

Binance Security Survey

In a crypto world full of phishing scams, technical security solutions are not enough. Recently, hackers used social engineering tactics to steal $330 million worth of Bitcoin , circumventing existing security systems. Therefore, it is imperative for users to take charge of their own digital wallet security. This Binance survey aims to assess the security attitudes and habits of its users.

Binance emphasizes the importance of using 2FA and identifies some gaps in existing security practices. While 2FA usage is quite high, other important security practices are still less popular, which Binance attributes to a lack of awareness. To combat this, Binance is investing in anti-fraud education that is tailored to users’ needs.

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Security Education and User Awareness

One of the key findings of the survey is that many users find existing security guidelines too technical and difficult to understand. However, they showed a readiness to learn more about security. More than 60% of respondents expressed interest in taking part in anti-fraud simulations, especially if they were accompanied by an element of play or prizes.

Binance is committed to raising security awareness through practical and accessible educational initiatives. Jimmy Su, Chief Security Officer of Binance, stated that the company is working closely with regulators and law enforcement to protect user assets. This initiative is expected to reduce the risk of fraud and improve the security of user transactions.

Exchange Responsibilities and User Expectations

The survey also revealed that users have high expectations of crypto exchanges in managing security. A total of 62.5% believe that crypto exchanges (CEXs) are responsible for intercepting high-risk transactions in real time. More than half would contact the exchange immediately if they detected a fraud attempt.

Users are now trusting exchanges to take an active role in protecting their assets. This represents a shift in how users perceive security responsibility, from self-management to management by the exchange. Binance and other exchanges may want to consider this in designing their security policies.

Conclusion

The survey results provide valuable insight into the attitudes and behaviors of Binance users in Asia towards cybersecurity. With this data, Binance hopes to develop useful anti-fraud policies and educational resources, not only for the Asian market but also for a global audience.

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Reference

• BeInCrypto. Binance Security Survey: Asia Awareness & Education. Accessed on May 7, 2025
• Featured Image: Generated by AI