Post
Topic
Board Mining (Altcoins)
Re: [ANN] EUROCEX - Europe's Crypto Exchange
by
eurocex
on 22/09/2014, 09:11:04 UTC
Quote
One of the biggest issues with any exchange is obviously security. Can you elaborate more on your security practices? (Referred to as "industry standard security" in your announcement post.)

- To protect wallets against theft or fraudulent transactions, we monitor each transaction with an "account versions" system

- Large transactions will trigger a delay and manual approval. This enables us to verify if those transactions are authorized

- We detect when wallets are initiating an unexpected amount of transactions and mitigate a global wallet service compromise

- Withdrawals are only possible with Two-Factor Authentication confirmation

- All passwords are encrypted based on the latest security standards

- Extreme DDOS protection from industry leader Cloudflare

- SSL encryption for all website traffic

There is more (like offline wallets storage etc.) but this should give you an idea about the security we have in place at EUROCEX.