April 15, 2022 1:43 AM EDT
Online platforms are more susceptible to hacking/ theft, to secure cryptocurrency exchanges need to be very conscious of the precautional steps to ensure the security of the trading platform.
- Cold Wallets Storage
- Authentication using two factor
- The account associated with a given IP address
- Message alert when the funds are debited from the accounts
- Withdrawals are blocked after updating account information
- Funds for customer insurance
- Security audits of crypto exchange
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