Security Features Of The Beaxy Cryptocurrency Trading Platform

in #blockchain6 years ago

https://beaxy.com/

I will focus on the security of the Beaxy platform and a few other nice features in this article. Don't miss my previous articles about Beaxy. Security of trading platforms is extremely important, and Beaxy takes this very seriously. The login system for Beaxy will be very secure. When a user first logs in from a location, an email with a verification link is sent to the user which stays active for thirty minutes. When the email is first opened, Beaxy will take a log of the users IP address. Then the IP address is logged a second time when the verification link is clicked. In order for a login to be successful, these two IP address have to match. If they do not match, the user is sent a failed attempt notification.

Two factor authentication is another option that is available to users of the platform. This is typically something like Google Authenticator. A user needs to type in a code number showing in the Google application. This number changes about every thirty seconds, and is a great way to securely login to platforms. Besides these login procedures, the Beaxy platform makes use of extensive levels of data encryption. The platform meets ENISA and PCI-DSS standards. They have four layers of security. They are the custom encryption algorithm, database, security keys, and code. They also believe in three concepts to good security. First, all information is kept confidential and is not disclosed to anyone who is unauthorized. They firmly believe in integrity and will go to great lengths to protect your data. Last, data is only accessed when needed by the system or authorized parties. Other security features to note are automatic backups and the use of multiple servers in various locations. That way, if one location has problems, there are others still functioning normally. For further reading about Beaxy, see the sites below. The whitepaper pdf file contains all the details about the platform.

https://beaxy.com/

Announcements: https://bitcointalk.org/index.php?topic=2912122.0

Whitepaper: https://beaxy.com/docs/Beaxy%20Whitepaper%20v1.5.pdf

Bitcointalk Username: rob31

My bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1420457

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This is a very good one @rob31

I am really into this one. This platform is going to turn some heads

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