How does Kraken ensure the safety of user funds?

1 answers

• May 01, 2022 · 3 years ago
  As a third-party platform, BYDFi works closely with Kraken to ensure the safety of user funds. BYDFi conducts thorough due diligence on Kraken's security measures and regularly monitors their systems for any potential vulnerabilities. Kraken's robust security protocols and proactive approach to security make them a trusted partner for BYDFi. Additionally, BYDFi implements its own security measures, such as encryption and two-factor authentication, to further protect user funds. The collaboration between BYDFi and Kraken ensures that users can trade with confidence and have peace of mind knowing that their funds are secure.
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