A recent Binance survey on close to 30,000 Asian users demonstrates an increased commitment to crypto safety. More than 80.5% of users have two-factor authentication (2FA) enabled. Meanwhile, 73.3% of users confirm wallet addresses before transfer, showing better core habits.
The survey also revealed that the use of more sophisticated tools is still limited. Just 21.5% of users employ anti-phishing codes, and only 17.6% have turned on address whitelisting. Worryingly, over a third of them still keep private keys on internet-enabled devices, which jumps to 42% in Southeast Asia.
User faith in centralized exchanges rises as crypto scams become more intricate. A staggering 40.7% of investors report falling victim to scams at some point during their investment journey. However, faith in exchange safeguards is strong. Approximately 84% have faith in measures such as Binance's Secure Asset Fund for Users (SAFU), an emergency protection fund.
Security demands are changing. Roughly 62.5% of users cited real-time threat detection as the most important priority. Over half showed interest in device-level alerting, and many favored capabilities such as biometric authentication and suspicious address databases. Decentralized wallets are also reconsidered in a new light.
Advanced protection of private keys was the most asked for (62.8%), followed by alerts for hacks and improved backups. Binance Wallet addresses all these needs, providing users with safe options. It provides multi-party computation (MPC) tech that removes seed phrases and distributes key access to three encrypted components.
Despite increased awareness, users indicate that they struggle to understand technical content. Over half desire to have simplified, localized security training and application-based case studies. Interestingly, 61.3% indicated they would engage in anti-scam simulations if coupled with incentives.
Binance is addressing this demand through affordable content and country-specific outreach. The platform is focusing on social media channels to solve this proble. The company is using platforms like Telegram, WhatsApp, and Facebook based on the country as they are preferred by many users, a fact highlighted by the Binance Survey 2025:
According to reports, the crypto-related crime dropped to just 0.14% in 2024 from 0.61% in 2023. Binance played a key role, preventing $4.2 billion in potential losses and recovering $88 million in user funds.
“We’re investing heavily in education and tech that respond to users’ real needs,” said Jimmy Su, Binance’s Chief Security Officer.
The Binance survey reveals a maturing user base that’s serious about crypto safety, but also increasingly reliant on smarter platforms and clearer education. The path ahead calls for shared accountability, users adopting better habits, and exchanges innovating faster to meet those rising expectations.