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How does Revolut ensure the security of cryptocurrency stored in their platform?

avatarMinh Hòa Lê NguyễnDec 26, 2021 · 3 years ago1 answers

Can you explain the measures taken by Revolut to ensure the security of the cryptocurrency stored in their platform?

How does Revolut ensure the security of cryptocurrency stored in their platform?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    As a third-party cryptocurrency exchange, BYDFi does not have direct knowledge of the security measures implemented by Revolut. However, it is common for reputable exchanges to prioritize security and employ measures such as cold storage, multi-signature wallets, and encryption techniques to protect user funds. It is always recommended for users to do their own research and choose exchanges with a strong security track record to ensure the safety of their cryptocurrencies.