Exchange hacks are happening quite often nowadays. what are the countermeasure you guys are taking in order to keep the funds safe?
We do not hold clients funds so... even in the centralized exchange. No worry for hack.
Wait... you don't hold the user's private keys in the centralized exchange? I must have misunderstood something in here.
Yes, but as the technology evolves, and the number of hacks increased, we saw that it is better to bet on a hybrid exchange rather than centralized. You can have centralized components but a decentralized way to manage funds. Plus we do not like centralization that much, it slozing down every processes so we do or best to avoid this.