Why is security crucial in a Coinbase Clone exchange platform?

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Security is paramount in a Coinbase Clone exchange to protect user funds, data, and transactions from cyber threats and unauthorized access. Implementing features like two-factor authentication (2FA), cold storage wallets, SSL encryption, and regular security audits ensures a secure environment, fostering trust among users and maintaining the platform's integrity.

source: https://www.blockchainappfactory.com/coinbase-clone