How does Coinbase protect against potential hacks or theft of digital assets?

1 answers

• Mar 22, 2022 · 3 years ago
  At BYDFi, we understand the importance of protecting digital assets from potential hacks or theft. That's why we have implemented robust security measures to ensure the safety of user funds. Similar to Coinbase, we store the majority of user funds in offline, cold storage wallets that are not connected to the internet. This provides an extra layer of protection against potential breaches. We also employ strict access controls and multi-factor authentication to prevent unauthorized access to user accounts. Our team regularly conducts security audits and tests to identify and address any vulnerabilities. With BYDFi, you can have peace of mind knowing that your digital assets are well-protected.
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