Question: Is my money safe with XBTFX? How do they protect investors' funds?
- 2 Factor Authentication
- Insurance Fund of XBTFX
- Cold Storage for Cryptocurrency assets
- Encrypted Data Transfer
XBTFX takes multiple measures to protect investors’ funds.
Here are 4 measures of XBTFX for the fund security and safety.
1. 2 Factor Authentication
Two-factor Authentication adds an extra layer of security to your account by asking for a verification code when you sign in.
Login to XBTFX’s client portal and you can enable this option as below.
This is one available option for all investors of XBTFX and is a recommended security measure for all investors.
2. Insurance Fund of XBTFX
XBTFX is preparing the insurance fund for investors.
XBTFX earns their profits from the commissions which each investor pays when trading.
10% of the commission profit which XBTFX earned, will be sent the insurance fund.
The details of XBTFX’s Insurance fund will be announced in the official website.
How to open XBTFX MT5 account?
3. Cold Storage for Cryptocurrency assets
To XBTFX, you can only transfer Cryptocurrency assets, but you cannot transfer fiat currencies such as USD, EUR, GBP and JPY.
You can securely transfer your funds to the indicated QR code in XBTFX’s client portal.
XBTFX keeps 95% of their Cryptocurrency fund in the cold storage.
The Cryptocurrency cold storage is offline which is protected from any hacking attacks.
4. Encrypted Data Transfer
XBTFX’s in-house technology also keeps investors’ information, trading activities and fund transfer safe.
XBTFX has the highest security protocols for all user data.
With XBTFX, your information and Cryptocurrency asset are safe.