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Are there any security measures implemented in the Shiba Swap app to protect users' funds?

avatarPlasmoDec 17, 2021 · 3 years ago3 answers

What security measures are in place in the Shiba Swap app to ensure the safety of users' funds?

Are there any security measures implemented in the Shiba Swap app to protect users' funds?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, Shiba Swap has implemented several security measures to protect users' funds. These include encrypted user data, two-factor authentication (2FA), and cold storage for the majority of funds. Additionally, Shiba Swap regularly conducts security audits to identify and address any potential vulnerabilities.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Shiba Swap takes the security of users' funds very seriously. They have implemented robust measures such as multi-signature wallets, which require multiple approvals for any transaction. Furthermore, they have a dedicated team of security experts who continuously monitor the platform for any suspicious activities or potential threats.
  • avatarDec 17, 2021 · 3 years ago
    Yes, BYDFi, the company behind Shiba Swap, has implemented various security measures to protect users' funds. These measures include secure socket layer (SSL) encryption, two-factor authentication (2FA), and regular security audits. BYDFi also keeps the majority of user funds in cold storage, which adds an extra layer of protection against potential hacks or breaches.