Preparing your video wait 10 seconds…
Crypto.com is an exchange platform that was founded in 2016. And after that this cryptocurrency exchange platform grew very fast and it became one of the largest crypto exchange platforms and it is a very rapidly growing crypto exchange platform worldwide. At least since 2016, it has had more than 100 million users.
The company that founded Crypto considers itself a leader in regular lottery compliance. The cricket.com exchange platform provides a lot of services and includes cryptocurrency trading, taking and payments. Apart from that, it has expanded in all sectors like NEFTs and decentralized finance.
Its trading volume in Delhi is almost more than Pigeon and most of it is spot and derivative trades. The crypto.com cryptocurrency exchange platform leads decentralized finance and provides yield farming taking and liquidity pools services to any investor. And for this, its token which is Korenos plays a very important role in these activities.
Now let us talk about whether crypto.com is safe for trading or not. So yes, crypto.com is one of the best crypto exchange platforms which provides a wide range of security to its investors and keeps the funds and personal data of any investor safe. It has a layered approach which keeps the personal data of any investor safe by following offline cold storage and advanced encryption protocols. So if we talk in a little detail, then its top security measures are.
1. Cold wallet storage
First of all, its security measure is cold wallet storage. The job of this security measure is to keep the funds of any investor safe and protect them from any hacking attack. More than 90% of the investor’s funds are stored in cold wallets.
2. Anti-phishing code setup
Secondly, if we talk about crypto.com’s second security measure is anti-phishing code setup. Phishing attacks are considered a major threat in crypto.com in which attackers often try to extract investor details. So, to avoid this, crypto.com has set an anti-phishing code. This is a personalized code found in all legitimate emails which tells whether any email is from the official platform or is a fake or spam email from a hacker.
3.Multi Factor Authentication
After that, if we talk about it, their third security measure is Multi Factor Authentication. This is a critical layer that has been designed in their security framework and it has at least two methods of verification such as password and a one-time code from an authentication app. And this greatly increases the chances of avoiding unauthorized access.
4.Security software development life cycle
After that, if we talk about the security software development life cycle, then this is a security measure that provides security audit and testing at every stage of every development.
5.Proof of Reserves
After that, if we talk about the next security measure, its name is Proof of Reserves. This is a security measure that assures transparency to any system regarding the platform’s financial stability. The work of this system is that it confirms and tells any investor that your assets are fully backed by the platform’s reserves addressing any concerns about the possibility of insolvency.
6.24/7 customer support
After that, if we talk, the next security measure is 24/7 customer support. If any investor has any security concerns, crypto.com provides 24/7 customer support for its customers. They are ready to help them 24 hours a day. If any investor is facing any problem in accessing his account or he feels that he notices any suspicious activity or he asks for any help for extra service security, then the support team is always ready for him. The team of crypto.com is always well trained to handle security issues quickly, they are always ready to deal with any threat to the account of any investor.
7.HackerOne Bug Bounty
After that, if we talk, their next security measure is Hacker One Bug Bounty. This is such a security measure that invites ethical hackers who are top class hackers of the whole world to find any weakness in their platform. crypto.com quickly fixes any minor security issues on their platform so that they can deal with the problem before someone else can take advantage of it.
Conclusion
So at last we have come to the conclusion that crypto.com is a trustable and secure platform. Any investor can invest in any cryptocurrency without any security issue and can do his trading fearlessly without any fear.
Because the crypto.com exchange platform security measures assure their investors that they are investing on a hassle free and trustworthy platform. The customer service of crypto.com is always ready to help them 24/7. And the fund and personal data of any investor is absolutely safe on crypto.com exchange platform.
