Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Encrybit Cryptocurrency Exchange Evaluation Survey Winner Announcement
by
jitenrajput
on 29/08/2018, 05:37:02 UTC
Can someone please tell us what security measure are you going to put in place to secure traders funds?


Yes, sure.

The trading platform will be in compliance with security standards like ISO 27000 and Cryptocurrency Security Standard (CCSS). We'll be having security features more than 2FA, naming withdrawal from whitelisted IPs, instant SMS/email alert on suspicious events, periodic security audit from the external team and periodic check of account balances.

Apart from this, almost 95% of the funds will be stored in cold wallets and they will be supporting multi-layer encryption storage method. We understand that security is the biggest concern and will take utmost care to prevent hacking or any other kind of fraud.