How often do major crypto exchanges get audited?

3 answers

• Kevin MirchandaniMay 06, 2021 · 5 years ago
  Major crypto exchanges are subject to regular audits to ensure compliance and security measures. These audits are typically conducted on a yearly basis by independent third-party firms. The frequency of audits may vary depending on the exchange and regulatory requirements. Audits play a crucial role in maintaining transparency and trust in the crypto industry.
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• Ever RomeroAug 15, 2023 · 3 years ago
  Crypto exchanges are audited periodically to ensure that they are following regulatory guidelines and implementing robust security measures. The frequency of audits can vary, but most major exchanges undergo audits at least once a year. These audits help to identify any potential vulnerabilities or weaknesses in the exchange's systems and processes.
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• Madhav AgarwalJan 20, 2022 · 4 years ago
  At BYDFi, we believe in maintaining the highest standards of security and compliance. As a major crypto exchange, we undergo regular audits conducted by reputable third-party firms. These audits help us ensure that our platform is secure and our users' funds are protected. We strive to provide a safe and trustworthy trading environment for our users.
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