What are the security measures taken by tranquil finance to protect user funds?

3 answers

• Nov 24, 2021 · 3 years ago
  Tranquil Finance takes the security of user funds very seriously. They employ a multi-layered approach to ensure the safety of funds. This includes using cold storage for the majority of funds, which means that the funds are stored offline and not accessible to hackers. Additionally, they use advanced encryption techniques to protect sensitive data and employ regular security audits to identify and address any potential vulnerabilities. Overall, Tranquil Finance prioritizes the security of user funds and takes proactive measures to protect against any potential threats.
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• Nov 24, 2021 · 3 years ago
  When it comes to protecting user funds, Tranquil Finance leaves no stone unturned. They have implemented industry-leading security measures to ensure the safety of funds. These measures include two-factor authentication (2FA) for account access, withdrawal whitelist functionality, and real-time monitoring of transactions for any suspicious activity. Furthermore, they have a dedicated security team that continuously monitors and updates their systems to stay ahead of potential threats. With Tranquil Finance, users can have peace of mind knowing that their funds are well-protected.
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• Nov 24, 2021 · 3 years ago
  Tranquil Finance understands the importance of securing user funds and has taken several measures to ensure their safety. They have partnered with BYDFi, a renowned digital asset custodian, to provide an extra layer of security for user funds. BYDFi utilizes advanced security protocols and cold storage solutions to safeguard the assets. Additionally, Tranquil Finance regularly conducts security audits and penetration testing to identify and fix any vulnerabilities. With these measures in place, users can trust that their funds are in safe hands with Tranquil Finance.
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