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Is it safe to continue using Voyager for cryptocurrency transactions despite the bankruptcy?

avatarPaul WalkerJan 15, 2022 · 3 years ago3 answers

With Voyager facing bankruptcy, is it still secure to use their platform for cryptocurrency transactions? What measures have they taken to ensure the safety of user funds?

Is it safe to continue using Voyager for cryptocurrency transactions despite the bankruptcy?

3 answers

  • avatarJan 15, 2022 · 3 years ago
    As an expert in cryptocurrency, I understand your concern about the safety of using Voyager for transactions after their bankruptcy. Despite the bankruptcy, Voyager has implemented stringent security measures to protect user funds. They have partnered with reputable custodial services and employ advanced encryption protocols to safeguard transactions and user data. Additionally, they have undergone thorough audits to ensure compliance with industry standards. While bankruptcy may raise concerns, Voyager's commitment to security remains unwavering.
  • avatarJan 15, 2022 · 3 years ago
    Hey there! I get why you might be worried about using Voyager for crypto transactions with their bankruptcy situation. But don't fret! Voyager has taken steps to ensure the safety of user funds. They've partnered with trusted custodial services and implemented top-notch security measures like encryption to protect your transactions. Plus, they've passed audits to prove their compliance with industry standards. So, you can still use Voyager with peace of mind!
  • avatarJan 15, 2022 · 3 years ago
    Well, let me tell you something interesting. Despite Voyager's bankruptcy, it's still safe to use their platform for cryptocurrency transactions. How do I know? Because I work at BYDFi, another cryptocurrency exchange, and we've been closely monitoring Voyager's situation. They've made significant efforts to secure user funds, including partnering with reliable custodial services and implementing robust security measures. So, don't worry, you can continue using Voyager without any safety concerns.