How can I ensure the security of my assets when trading crypto over the counter?
Sayed EssamDec 26, 2021 · 3 years ago1 answers
I'm interested in trading cryptocurrencies over the counter, but I'm concerned about the security of my assets. What steps can I take to ensure the safety of my funds when engaging in OTC trading?
1 answers
- Dec 26, 2021 · 3 years agoAt BYDFi, we understand the importance of asset security when trading crypto over the counter. That's why we have implemented robust security measures to protect our users' funds. Our platform utilizes advanced encryption technology to safeguard your assets and we store the majority of funds in cold storage, which is offline and inaccessible to hackers. Additionally, we conduct regular security audits to identify and address any potential vulnerabilities. We also recommend that our users enable two-factor authentication and use hardware wallets for added security. By following these best practices and utilizing our secure platform, you can trade crypto over the counter with peace of mind.
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