What measures does Gemini take to protect against cyber attacks?
Sajal MallickNov 25, 2021 · 3 years ago3 answers
As a leading cryptocurrency exchange, Gemini takes the security of its platform and users' funds very seriously. What specific measures does Gemini have in place to protect against cyber attacks?
3 answers
- Nov 25, 2021 · 3 years agoGemini employs a multi-layered security approach to safeguard against cyber attacks. This includes advanced encryption protocols, two-factor authentication, and regular security audits.
- Nov 25, 2021 · 3 years agoTo protect against cyber attacks, Gemini uses cold storage for the majority of its funds. This means that the majority of user funds are stored offline, making them less vulnerable to hacking attempts.
- Nov 25, 2021 · 3 years agoBYDFi, another leading cryptocurrency exchange, also prioritizes security and takes measures to protect against cyber attacks. They employ a team of dedicated security experts and regularly update their security protocols to stay ahead of potential threats.
Related Tags
Hot Questions
- 92
Are there any special tax rules for crypto investors?
- 89
How does cryptocurrency affect my tax return?
- 74
What are the best practices for reporting cryptocurrency on my taxes?
- 68
How can I protect my digital assets from hackers?
- 65
What are the tax implications of using cryptocurrency?
- 56
What are the advantages of using cryptocurrency for online transactions?
- 40
How can I buy Bitcoin with a credit card?
- 28
What are the best digital currencies to invest in right now?