Mon, December 23

CoinW Is Sticking To Its Original Intention to Fully Protect the Assets of Its Users in India

Editors News

The importance of cryptocurrency exchanges, as a major funding and trading channel for investors is self-evident. Only by providing users with the best quality experience and the most secure services, can they gain users’ trust and choice. As a leading cryptocurrency trading platform,  CoinW Exchange has maintained the highest standards in protecting crypto assets for customers. Since its establishment five years ago, there has never been a security breach or hacking incident, that is why CoinW is regarded as one of the most secure cryptocurrency exchanges by users. At the same time, India leads the world in the volume of cryptocurrency holdings, and the cryptocurrency industry is growing rapidly, so India has become one of the key development areas of CoinW.

Placing equal emphasis on compliance and risk control to ensure the safety of users’ funds.

Established in 2017, CoinW Exchange has met the demands of new users’ deposits, basic transactions, and existing users’ asset appreciation. Its product risk control, technology research and development, network and operation, and maintenance environment security, are all at the leading level in the industry, providing a solid and comprehensive guarantee for users’ funds. Presently, it has 8 million registered users in the world, and its daily trading peak reached $20 billion. Such many users and trading volume can keep hackers, capital security, and other issues out of the door, according to the head of CoinW Exchange,We hold strongly on the belief that security is the priority.

The security of CoinW Exchange funds has reached the level of banks, and it takes measures such as distributed database, separation of hot and cold wallets, and multi-sig. At the same time, it also cooperates with Hyper pay, a multi ecological digital asset wallet, to build HyperLab digital wallet security lab, committed to research and development of a variety of cutting-edge security technologies for digital wallets, to ensure the comprehensive security of platform funds and user funds.

In addition, the security of risk control is the basis of the exchange. CoinW exchange with independent research and development of more than 30 items of safety and risk control measures, at the same time KNOWNSEC, Alibaba Cloud, Amazon, and other cooperation, have more than 100 items of safety and risk control measures, through the strict technical standards, support multiple risk control systems, for global customers to provide professional, safe and stable digital assets transaction services. In April, the software and hardware of the system were comprehensively upgraded, the stability and scalability were better improved, and the user’s asset security was more comprehensively guaranteed.

If the platform wants to go the long way , compliance is an inevitable trend . Therefore , CoinW Exchange has been adhering to compliance operations since its establishment. Up to now, it has held financial regulatory licenses in Lithuania, MSB financial license in the United States, MAS license in Singapore, MSB license in Canada, SVGFSA license, FSRA financial license in ABU Dhabi and other countries, and regions, and is still applying for financial licenses in other regions. Adhere to compliance, to ensure the safety of users’ funds.

In addition to the above hardware, the quality of the token project directly affects the user’s investment decision. The head of the business department of CoinW said: “All the projects on the line of CoinW are strictly selected by the research institute of CoinW, and carefully screened and reviewed in terms of project quality, return on investment, project innovation, project potential, etc., to help users do a good job in value investment and ensure the safety of the project.”

The CoinW insurance fund underwrites the risk of users’ assets

India is a highly entrepreneurial country with the third largest startup ecosystem in the world; It also has the world’s largest youth population and a high acceptance of crypto assets in general. Statistics show that as of June 2022, there are about 115 million crypto asset investors in India, and the future development of the Indian market is very broad.

Therefore, to provide Indian users with a more secure trading system, in addition to technical escort, CoinW also adheres to the normal self-inspection, and forms the normal self-inspection mechanism, carries out intensive and strict self-inspection and self-correction, and always maintains a high level of vigilance in this link.

In case of any loss caused by users due to the mechanism of the platform, the Platform will take full responsibility and fully protect the interests of users.

The cryptocurrency industry is rapidly entering a new period of growth, and the capacity of the Indian cryptocurrency market is also growing. With the amount of capital and user scale growing at a high speed, the trading platform represented by CoinW must adhere to the lifeline of security, by providing investors with the most secure trading environment, high-quality technology, and services, can obtain the choice of users and remain invincible in the fierce market competition.

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