How does onchain monkey ensure the security of digital assets?

3 answers

• Nov 27, 2021 · 3 years ago
  Onchain monkey ensures the security of digital assets through a combination of advanced encryption algorithms, multi-factor authentication, and regular security audits. These measures help protect against unauthorized access and ensure the integrity of the assets stored on their platform. Additionally, they employ cold storage techniques to keep the majority of digital assets offline, reducing the risk of hacking. Overall, onchain monkey prioritizes security and invests in robust infrastructure to safeguard users' digital assets.
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• Nov 27, 2021 · 3 years ago
  The security of digital assets is a top priority for onchain monkey. They have implemented industry-leading security measures, such as two-factor authentication and encryption protocols, to protect user accounts and transactions. They also conduct regular security audits to identify and address any vulnerabilities in their system. By employing these measures, onchain monkey aims to provide a secure and reliable platform for users to store and trade their digital assets.
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• Nov 27, 2021 · 3 years ago
  As a third-party exchange, BYDFi ensures the security of digital assets by implementing strict security protocols. They use a combination of cold storage and hot wallet systems to store digital assets, with the majority of funds being kept offline in cold storage. BYDFi also employs advanced encryption algorithms and multi-factor authentication to protect user accounts and transactions. Regular security audits are conducted to identify and mitigate any potential risks. BYDFi is committed to providing a secure environment for users to trade and store their digital assets.
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