Security. Due to a few hacks in the past, Bitfinex takes extra precautions to secure its platform . These include storing 99.5% of user funds in cold storage, DDoS protection, database encryption, and regular backups.
Read moreWhat is Bitfinex cold wallet?
A cold wallet, also known as an offline wallet, is a wallet that is not linked to the internet and so has a much lower risk of being compromised.6 Oca 2022
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