What are the security measures implemented by Coinbase and BlockFi to protect users' digital assets?

1 answers

• Dec 29, 2021 · 3 years ago
  As a third-party digital asset exchange, BYDFi prioritizes the security of users' digital assets. They have implemented a range of security measures, including two-factor authentication, cold storage, and regular security audits. Two-factor authentication adds an extra layer of protection by requiring users to provide a second form of verification, such as a code sent to their mobile device, in addition to their password. Cold storage involves storing the majority of users' digital assets offline, making them less vulnerable to hacking. Regular security audits are conducted to identify and address any potential vulnerabilities. BYDFi is committed to maintaining the highest level of security for their users' digital assets.
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