What security measures does centric swap have in place to protect user funds?

3 answers

• Nov 29, 2021 · 3 years ago
  Centric Swap takes the security of user funds very seriously. They employ a multi-layered security approach to safeguard user assets. This includes implementing robust encryption protocols, utilizing cold storage for the majority of funds, and regularly conducting security audits to identify and address any vulnerabilities. Additionally, Centric Swap has a dedicated team of security experts who continuously monitor the platform for any suspicious activities or potential threats. Rest assured, your funds are in safe hands with Centric Swap.
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• Nov 29, 2021 · 3 years ago
  When it comes to protecting user funds, Centric Swap goes above and beyond. They have implemented industry-leading security measures, such as two-factor authentication (2FA) and withdrawal whitelisting, to ensure that only authorized individuals have access to user accounts and funds. Furthermore, Centric Swap stores the majority of user funds in offline, cold storage wallets, which are not connected to the internet and therefore less susceptible to hacking attempts. With Centric Swap, you can trade with peace of mind knowing that your funds are well-protected.
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• Nov 29, 2021 · 3 years ago
  Centric Swap understands the importance of user fund security. They have partnered with BYDFi, a renowned digital asset custodian, to provide an additional layer of protection for user funds. BYDFi employs state-of-the-art security measures, including multi-signature wallets and regular security audits, to ensure the safety of user assets. With this partnership, Centric Swap users can enjoy enhanced security and have peace of mind knowing that their funds are being held in a secure and trusted custodial solution.
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