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How does 21shares ensure the security of its digital currency holdings?

avatarDianna ElamDec 25, 2021 · 3 years ago3 answers

What measures does 21shares take to ensure the security of its digital currency holdings?

How does 21shares ensure the security of its digital currency holdings?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    21shares employs a multi-layered security approach to safeguard its digital currency holdings. This includes implementing industry-standard encryption protocols, utilizing cold storage wallets for offline storage, and regularly conducting security audits to identify and address any vulnerabilities. Additionally, 21shares has a dedicated team of cybersecurity experts who continuously monitor and respond to potential threats. These measures help to protect against unauthorized access and ensure the safety of the digital currency holdings.
  • avatarDec 25, 2021 · 3 years ago
    21shares takes the security of its digital currency holdings very seriously. They employ state-of-the-art security measures, such as two-factor authentication and biometric verification, to prevent unauthorized access. Furthermore, they store the majority of their digital currency holdings in offline cold storage wallets, which are not connected to the internet and therefore less susceptible to hacking. Regular security audits are also conducted to identify and address any potential vulnerabilities. These measures help to ensure the security and integrity of 21shares' digital currency holdings.
  • avatarDec 25, 2021 · 3 years ago
    As a leading digital currency exchange, 21shares understands the importance of security. They have implemented various measures to protect their digital currency holdings, including robust encryption protocols, offline cold storage wallets, and regular security audits. By keeping the majority of their holdings offline, they minimize the risk of hacking and unauthorized access. Additionally, 21shares has a dedicated team of cybersecurity experts who constantly monitor and update their security systems. These measures provide peace of mind to users and ensure the security of 21shares' digital currency holdings.