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Bitunix Announces Major Security Upgrade: $5 Million Insurance Backed by UK-Based Security Partner

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.

Bitunix has also teamed up with Nemean Services to boost the protection of user assets. UK-based digital asset security platform Nemean Services operates a backup system of data storage, leveraging the security benefits of the MPC model, in conjunction with its clients and custodians. Nemean is an ISO 27001-certified and SOC 2-compliant platform, specializing in the cold storage, safeguarding, and auditing of private key shares.

The partnership between Bitunix and Nemean Services provides an additional $5 million in insurance coverage, offering peace of mind to the users by ensuring that their assets are protected against unforeseen risks.

Bitunix recognizes that the crypto space is growing daily in user count, and so too are the threats that come with it. This is why Bitunix remains proactive in exploring new technologies and forming alliances with top security providers. Bitunix’s goal is simple: to continue providing a secure, reliable, and user-friendly platform where the users can trade with absolute confidence.

About BitunixBitunix is a global crypto derivatives exchange founded in 2021, registered in Seychelles, offering highly secure, and cost-effective trading services to its users. The platform specializes in both crypto spot and perpetual futures trading, boasting more than 250 crypto trading pairs with up to 125x leverage. Bitunix has attracted over 1,000,000 users from 100+ countries.

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ContactCOOKX WuBitunixkx.wu@bitunix.io

This article was originally published on Chainwire


Source: Cryptocurrency - investing.com

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