Each customer is provided with their own private key to ensure that all funds are securely segregated between customers. Remaining safe and separate from one another, this provides an extra layer of security for the customer funds.
Customers’ funds are never employed with leveraged in any strategy at any stage. This ensures that customer funds are well-protected and used only for the purpose of their intended investment. We take great care to ensure that customer funds are used responsibly and only with their express permission.
User funds will never be used to access any form of loan. We understand that customer funds should remain secure, and as such, any loan taken out will not be backed by user funds. This helps to further protect customers’ investments and keep their funds safe.
All customers are provided with a proof of reserve to demonstrate that their funds are secure and protected. This proof of reserve provides an extra layer of transparency and trust for customers, as they can be assured that their funds are safe and secure with us.
Our security protocols around the security of customer assets remain confidential and are not disclosed publicly. However, our customers are welcome to request more information about our security protocols and any information will be communicated to them directly.
Centralised Exchange
We exclusively used Kraken for all of our cryptocurrency transfers. This platform provides a secure and reliable way to make transfers between different digital assets and currencies. Additionally, it’s offers competitive fees, making it an ideal choice for our transfers.
We do not store any of our funds on Kraken; we only use it as a gateway to facilitate transactions between fiat and decentralized finance (DEFI) assets. This means that Kraken is used as an intermediary to convert fiat currency into cryptocurrency, and vice versa.
Your funds are securely managed using your own custodian wallet. This wallet is designed for maximum security and offers a range of features to protect your funds. By using your own custodian wallet, we can ensure the safety of your funds.
All of our yields are generated from decentralized finance (DEFI) protocols. DEFI protocols are automated systems that manage and distribute assets, allowing users to earn passive income from their investments. By using DEFI protocols, we can generate yields with minimal risk.
Risk
Security breach at the private key level, to ensure the safety of the private key we handle, we have implemented a security protocol. This protocol includes a range of measures to secure the private key from potential threats. We take the security of our customers’ data seriously, and this protocol ensures that we remain compliant with the highest security standards, more details can be communicated to our customers
Stablecoins de-peg, we only use top-tier stablecoins that are fully backed. This means that the coins are backed by an asset of equal value, such as fiat currency or other digital assets, and are designed to maintain a stable value. By using top-tier stablecoins, we can ensure the security of our customers’ funds and provide the best possible service.
Smart contract hack, we only use protocols that have been thoroughly audited and are widely used in the Defi space. This ensures that our customers’ funds remain secure and that we maintain the highest standards of integrity.
