common-close-0
BYDFi
Trade wherever you are!
header-more-option
header-global
header-download
header-skin-grey-0

How can I ensure that the crypto I'm investing in is ISO compliant?

avatarMohammed Fasal ENov 27, 2021 · 3 years ago3 answers

I want to invest in cryptocurrencies, but I'm concerned about their compliance with ISO standards. How can I ensure that the crypto I'm investing in is ISO compliant? What are the criteria I should look for?

How can I ensure that the crypto I'm investing in is ISO compliant?

3 answers

  • avatarNov 27, 2021 · 3 years ago
    When investing in cryptocurrencies, it's important to consider their compliance with ISO standards. ISO compliance ensures that the crypto meets certain international standards for quality and security. To ensure ISO compliance, you can look for cryptocurrencies that have undergone independent audits and certifications. Additionally, you can check if the crypto follows ISO guidelines for data protection, risk management, and information security. It's also a good idea to research the development team behind the crypto and see if they have a track record of adhering to ISO standards. By doing your due diligence and verifying the ISO compliance of the crypto, you can make a more informed investment decision.
  • avatarNov 27, 2021 · 3 years ago
    ISO compliance is an important factor to consider when investing in cryptocurrencies. To ensure ISO compliance, you can look for cryptos that have obtained ISO certifications such as ISO 27001 for information security management or ISO 9001 for quality management. These certifications indicate that the crypto has implemented robust processes and controls to meet the ISO standards. Additionally, you can research the crypto's whitepaper and website to see if they mention their ISO compliance efforts. It's also a good idea to reach out to the crypto's support team and ask them directly about their ISO compliance. By taking these steps, you can have more confidence in the ISO compliance of the crypto you're investing in.
  • avatarNov 27, 2021 · 3 years ago
    At BYDFi, we understand the importance of ISO compliance when it comes to investing in cryptocurrencies. ISO compliance ensures that the crypto meets international standards for security, quality, and data protection. To ensure ISO compliance, you can look for cryptos that have undergone independent audits and certifications. Additionally, you can check if the crypto follows ISO guidelines for risk management and information security. It's also a good idea to research the crypto's development team and see if they have a track record of adhering to ISO standards. By considering these factors, you can increase the likelihood of investing in an ISO compliant crypto.