common-close-0
BYDFi
Trade wherever you are!

What security measures does Pionex implement to protect users' digital assets?

avatarserenachengDec 15, 2021 · 3 years ago1 answers

Can you provide a detailed explanation of the security measures implemented by Pionex to safeguard users' digital assets?

What security measures does Pionex implement to protect users' digital assets?

1 answers

  • avatarDec 15, 2021 · 3 years ago
    Pionex understands the importance of protecting users' digital assets and has implemented several security measures to ensure their safety. They utilize a combination of cold storage and hot wallets to store users' funds. Cold storage keeps the majority of assets offline, minimizing the risk of hacking. Hot wallets are used for liquidity purposes and are protected by multiple layers of security, including encryption and access controls. Pionex also employs strict KYC (Know Your Customer) procedures to verify the identity of users and prevent unauthorized access. In addition, they regularly conduct security audits and penetration testing to identify and address any vulnerabilities. Pionex's commitment to security is evident in their continuous efforts to enhance their security infrastructure and protect users' digital assets.