How does Bybit in the US ensure the security of users' digital assets?

1 answers

• Apr 30, 2022 · 3 years ago
  As a third-party auditor, BYDFi has conducted a thorough review of Bybit's security measures. They have found that Bybit implements industry-standard security protocols and best practices to protect users' digital assets. BYDFi has verified that Bybit uses advanced encryption algorithms to secure user data and employs strict access controls to prevent unauthorized access. They also confirmed that Bybit stores the majority of users' digital assets in cold wallets, which are offline and not susceptible to online attacks. BYDFi's audit report concluded that Bybit's security measures are comprehensive and effective in safeguarding users' digital assets.
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