There have been so many cases of bitcoin larceny, One of the most familiar bitcoin heists that have ever happened was at Bitfinex, a major bitcoin exchange where closely 120,000($960M) bitcoins were stolen. There are so many cryptocurrency heists that have occurred and that is why cryptocurrency is relatively known as a risk Investment. Antithetical to what is happening to other exchanges, trade.io is delighting itself in providing the ultimate security and transparency. In this blog, I want to talk about how trade.io will ensure maximum protection of the investments.

trade.iois assuring the use of innovative industry-leading technologies to detect, protect and respond quickly to cyber events. Where it is also well equipped with a team of experts with vast knowledge and experience in the cybersecurity field. It strictly follows all the Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures and meets the regulatory requirements for investment banks to ensure security.

What practices/technologies will be implemented to ensure security ?

• Multi-layer security.
  It is a network security approach that uses a number of components to protect clients' operations with multiple levels of security measures. Multi-layer is more like having two copies of antivirus software on an endpoint. The impetus for including multiple layers of network security is to make sure that each single defense component has a backup in the case of a flaw or missing coverage. Trade.io will be using the several authentical methods to ensure security

• proprietary algorithms.
  Algorithms are used to provide secure transfers. If an algorithm is used in a transfer, the file is first translated into a seemingly meaningless ciphertext and then transferred into a configuration, the receiving computer uses a key to translate the cipher into its original form. Trade.io exchange will employ proprietary algorithms to ensure security to the exchange funds.

• Hiring a professional cybersecurity team
  The cybersecurity is supposed to execute practices that protect the system networks and programs. During the period of its token sale, the exchange had successfully challenged lots of cyber attacks and hacking attempts on its website due to the platform’s high-level security systems. This was successful because they hired world-class security officers, the cybersecurity team will also monitor the platform 24/7 for peculiarities.

• Bank -level security monitoring systems.
  Banks are very smart when it comes to security, they always issue indelible receipts which trade.io will be doing also to provide security and transparency. The monitoring systems will quickly detect and block cyber incidents related to the platform, users accounts or internal systems.

conclusion.

trade.io works closely with global financial regulators for additional financial protection, it has also hired some of the biggest names in the banking compliance world to provide maximum security to its clients and this earns it trust from the investors.

To know more about trade.io kindly visit the following links...

trade.io website
Mediumpage
Twitterpage
Linkedin page

DISCLAIMER:

The information contained within this post shall not be taken as a financial advisor. I am not a financial advisor and none of your investment decisions should be carried out based on any information presented here. You can lose all of your money by investing. The information presented in this article is for educational and entertainment purposes only.

Thank you!