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Bitunix Enhances Security Through Strategic Partnerships

Aug 22, 2024
  1. Security through Strategic Partnerships
  2. Ongoing Commitment to Security
  3. Bitunix’s Growth

Bitunix, the fastest-growing cryptocurrency derivatives exchange, is committed to providing its users with the highest level of security. As part of its dedication to safeguarding user assets, Bitunix has forged strategic partnerships with industry leaders and implemented comprehensive security measures.

Security through Strategic Partnerships

Understanding that the security of digital assets is important, Bitunix partnered with Cobo, a top-tier digital asset custody provider, in June 2023. This partnership integrates Cobo’s Wallet-as-a-Service (WaaS) into the Bitunix platform, offering users institutional-grade security. Cobo uses Multi-Party Computation (MPC) technology for high-level protection. Bitunix also collaborates with UK-based Nemean Services, securing an additional $5 million in insurance coverage for user assets.

Security is not just a checkbox for us, it’s at the heart of everything we do. We know how important it is for the users to feel safe, and that’s why we are going above and beyond.Bitunix co-founder Arron Lee

Ongoing Commitment to Security

At Bitunix, security is the foundation of the platform. The exchange continually invests in and upgrades security protocols to stay ahead of potential threats. Collaborations with Cobo and Nemean Services are part of a broader strategy. Bitunix is also integrating Fireblocks, a leading provider of secure infrastructure, to ensure the highest level of security for users.

Bitunix’s Growth

Bitunix's commitment to user security is at the core of everything the exchange does. Through strategic partnerships and adherence to best security practices, Bitunix ensures the protection of user assets. As Bitunix continues to grow, it remains diligent in pursuing security excellence, always prioritizing user safety.

Since its founding in 2021, Bitunix continues to build a secure and reliable platform, attracting over one million users from more than 100 countries.

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