What are the security measures in place to protect my funds when trading on Kraken?

3 answers

• Amir Hossein Norouzi GorjiOct 05, 2024 · a year ago
  Kraken takes the security of your funds very seriously. They use a combination of cold storage, multi-signature wallets, and encryption to protect your funds from unauthorized access. Additionally, they have implemented strict security protocols and regularly conduct audits to ensure the integrity of their systems.
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• ben11bruzAug 13, 2023 · 3 years ago
  When it comes to securing your funds, Kraken has got you covered! They employ industry-leading security measures such as two-factor authentication, withdrawal whitelisting, and IP whitelisting. These measures help prevent unauthorized access to your account and ensure that only you have control over your funds.
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• Faique RaoJun 16, 2020 · 6 years ago
  At BYDFi, we understand the importance of fund security. When trading on Kraken, your funds are protected through a combination of advanced security measures. These include cold storage, which keeps the majority of funds offline and out of reach from hackers. Additionally, Kraken regularly performs security audits to identify and address any potential vulnerabilities in their systems.
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