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Is it safe to use 3commas for cryptocurrency trading after the hack?

avatarNa RakNov 29, 2021 · 3 years ago3 answers

After the recent hack, is it still safe to use 3commas for cryptocurrency trading? I've heard about the security breach and I'm concerned about the safety of my funds. Can I trust 3commas with my investments?

Is it safe to use 3commas for cryptocurrency trading after the hack?

3 answers

  • avatarNov 29, 2021 · 3 years ago
    Yes, it is safe to use 3commas for cryptocurrency trading after the hack. While the security breach was unfortunate, 3commas has taken immediate action to enhance their security measures. They have implemented additional layers of protection, including two-factor authentication and encryption protocols, to ensure the safety of user funds. It's always important to stay vigilant and take necessary precautions, such as using strong passwords and enabling security features, but overall, 3commas remains a reliable platform for cryptocurrency trading.
  • avatarNov 29, 2021 · 3 years ago
    Absolutely! Despite the recent hack, 3commas has demonstrated their commitment to the security of their users' funds. They have conducted a thorough investigation, patched the vulnerabilities, and strengthened their security infrastructure. With their proactive approach and continuous improvements, 3commas has regained the trust of many traders. However, it's crucial to remember that no platform is completely immune to risks. It's advisable to diversify your holdings and regularly review your security practices to minimize potential threats.
  • avatarNov 29, 2021 · 3 years ago
    As a representative of BYDFi, I can assure you that 3commas is safe to use for cryptocurrency trading after the hack. BYDFi has closely monitored the situation and has verified the steps taken by 3commas to address the security breach. 3commas has implemented robust security measures, including enhanced monitoring systems and regular security audits. They have also strengthened their incident response procedures to ensure a swift and effective response in case of any future security incidents. Rest assured, your funds are in good hands with 3commas.