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What should we do as BitMEX customers in light of recent events?

avatarOGODec 28, 2021 · 3 years ago3 answers

Given the recent events surrounding BitMEX, what actions should we, as BitMEX customers, take to ensure the safety of our funds and maintain a secure trading experience?

What should we do as BitMEX customers in light of recent events?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    As a BitMEX customer, it is crucial to stay informed about the recent events and any updates from BitMEX. Keep an eye on official announcements, social media channels, and reputable news sources to stay up-to-date with the latest information. Additionally, consider diversifying your holdings by exploring other reputable cryptocurrency exchanges to mitigate risk. Remember to conduct thorough research and due diligence before transferring funds to any new platform.
  • avatarDec 28, 2021 · 3 years ago
    In light of recent events, it is advisable to review your account security measures on BitMEX. Enable two-factor authentication (2FA) if you haven't already and ensure that your password is strong and unique. Regularly monitor your account for any suspicious activity and report any unauthorized access immediately. It's also a good practice to withdraw your funds from BitMEX to a secure wallet that you control, reducing the risk of potential hacks or security breaches.
  • avatarDec 28, 2021 · 3 years ago
    As a BitMEX customer, it's understandable to have concerns about the recent events. However, it's important to note that each exchange operates independently, and the actions of one exchange should not reflect on others. At BYDFi, we prioritize the security and safety of our customers' funds. We employ robust security measures, including cold storage for the majority of funds and regular security audits. If you're looking for an alternative trading platform, consider BYDFi as a reliable and secure option.