What happens to my crypto on Voyager if the exchange gets hacked?

5 answers

• Adil AzizJan 11, 2022 · 3 years ago
  In the unfortunate event that the Voyager exchange gets hacked, the safety of your cryptocurrency holdings is a top priority. Voyager takes extensive security measures to protect user funds, including cold storage and multi-signature wallets. In the event of a hack, Voyager has insurance coverage to compensate users for any losses. However, it's important to note that no exchange is completely immune to hacking, so it's always a good idea to maintain a secure backup of your private keys and enable two-factor authentication for added security.
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• River RiverSep 10, 2022 · 3 years ago
  If the Voyager exchange gets hacked, your cryptocurrency holdings may be at risk. However, Voyager has implemented robust security measures to protect user funds. These include storing the majority of funds in cold storage wallets that are not connected to the internet, as well as utilizing multi-signature technology. In the event of a hack, Voyager has insurance coverage to reimburse users for any losses. It's important to stay updated on security best practices and regularly review your account activity to detect any suspicious behavior.
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• TejsweetaSep 30, 2024 · 8 months ago
  If the Voyager exchange gets hacked, your cryptocurrency holdings should remain safe. Voyager employs advanced security measures to protect user funds, such as cold storage and multi-signature wallets. Additionally, Voyager has partnered with BYDFi, a leading digital asset custodian, to provide an extra layer of security. BYDFi's robust infrastructure and expertise in safeguarding digital assets ensure that your holdings are protected even in the event of a hack. Rest assured that Voyager takes the security of your funds seriously and has taken every precaution to minimize the risk of hacking.
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• Golnaaz MirzaeeJun 30, 2022 · 3 years ago
  If the Voyager exchange gets hacked, it's natural to be concerned about the safety of your cryptocurrency holdings. However, Voyager has implemented strong security measures to protect user funds. These include storing the majority of funds in cold storage wallets and utilizing advanced encryption techniques. In the event of a hack, Voyager has insurance coverage to compensate users for any losses. While no exchange is completely immune to hacking, Voyager's commitment to security and proactive measures make it a trusted platform for cryptocurrency trading.
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• Simon ElijahOct 01, 2020 · 5 years ago
  If the Voyager exchange gets hacked, the safety of your cryptocurrency holdings may be compromised. However, Voyager has implemented multiple layers of security to protect user funds. These include cold storage wallets, two-factor authentication, and regular security audits. In the event of a hack, Voyager has insurance coverage to reimburse users for any losses. It's important to remember that no exchange is completely immune to hacking, so it's always recommended to diversify your holdings and store a portion of your cryptocurrencies in a secure offline wallet.
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