Security
We keep all your money save
Crypto storage
Cold storage
What is cold storage? It’s an additional method of ensuring the security of your bitcoins.
It involves storing bitcoin offline, so separately from any Internet access, thus significantly reducing threat from hackers.
This method of securing bitcoin is less convenient purely because accessing coins is a bit harder. So, the traditional or more popular approach of those who have a cold storage is to have some coins in a traditional wallet too, for regular spending. And the rest are put in a cold storage.
Hot wallet is essentially a tool to enable a cryptocurrency owner to send and receive cryptocurrency and it’s the most popular type of wallet.
Unlike cold wallet, it’s connected to the Internet and therefore more vulnerable to a hacker’s attack. On the other hand, keeping your cryptocurrency in a hot wallet makes it easier to have it at hand for transactions.
Bidders uses cold storage as well as hot wallet to make sure your coins are safe. Our hot wallet is heavily encrypted, so you don’t have to worry about the safety of your cryptocurrency.
Hot wallet
The majority of customer Bitcoin funds are kept in what we call “deep freeze” storage. These are multi-signature wallets, with private keys stored in different bank vaults.
No single person ever has access to more than one key. Spending any Bitcoins f
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What else you can do to protect your money?
Two factor authentication
The majority of customer Bitcoin funds are kept in what we call “deep freeze” storage. These are multi-signature wallets, with private keys stored in different bank vaults.
No single person ever has access to more than one key. Spending any Bitcoins from deep freeze storage requires a coordinated effort with multiple layers of encryption and security checks. Wallet backups are also stored in encrypted form.
Where to store a password
The majority of customer Bitcoin funds are kept in what we call “deep freeze” storage. These are multi-signature wallets, with private keys stored in different bank vaults.
No single person ever has access to more than one key. Spending any Bitcoins f
What else you can do to protect your money?
