The post Binance Introduces New Security Measures To Enhance Security appeared first on Coinpedia Fintech News
Binance has introduced new security measures to prevent misuse and enhance the integrity and security of the platform. The company has reported instances where users have exploited certain account types to gain unfair advantages, such as better fee rates and higher API limits. It has enhanced its monitoring systems and a reward program aimed at detecting and reporting account abuse. Binance in an announcement has also revealed account transition procedures for UAE residents to shift from the Binance global exchange to the Binance FZE exchange.