Probably the most important feature in any Crypto trading platform is security. Crypto has become a trillion-dollar industry, and it has attracted a lot of hackers and scammers. There are countless incidents of crypto scams and hacks in which millions of dollars worth of cryptos are stolen. If you are looking for a new platform for your bitcoin exchange, choosing a secure platform is crucial.
kuCoin is among the most secure platforms for crypto exchange, providing maximum features to its users. It constantly updates its security features so that there are fewer chances of scams and hacks. Additionally, KuCoin constantly publishes articles and reports to educate its users about potential scams. In this article, we will look into the outstanding security features of KuCoin.
Cyber Security Infrastructure Of KuCoin
Crypto is a decentralized currency based on blockchain technology that holds all the records of transactions and holdings. The drawback is that the stolen crypto cannot be reclaimed once the scammer gets away with them. The KuCoin has multiple security layers to avoid the scam and hacks, and these are some of them:
2 Step Verification
kuCoin has the feature of 2 step verification that provides extended security to your withdrawal and KuCoin account. With this security feature, no hacker or scammer can withdraw the assets from your account without proper mail authentication.
Limited IP Address
You can limit the KuCoin account activity to your regular IP address, and if anyone outside that IP tries to log in to your account, it will immediately be locked. This extended security measure gives you security even if someone has your account ID and password.
Phishing is a scam technique, and the scammer impersonates the platform website or mail. When you enter your credentials into the phishing website, scammers can use it to access your account. KuCoin has a feature of anti-phishing phrases that you can enable, and you will see that on the official email or login page.
Separate Trading Password
You can set the separate trading password required for trading and withdrawal. This prevents the hackers and scammers from sneaking into your account and making the asset withdrawal.
Official Media Verification
You can check the official media of KuCoin if someone is trying to contact you on any platform, whether by call, WeChat, Telegram, Skype, Twitter, or email. You can check the authenticity if this is the official KuCoin contact or if someone is trying to impersonate as KuCoin.
KuCoin constantly updates its security feature to provide flawless security to its users. It recently signed a deal with REV3AL, a multi-layered security feature used for extended security.
KuCoin is the best platform you can use for your DOGE/USDT or any other exchange without any problem. It has outstanding security features that protect the users’ assets and coins. There are many other features of KuCoin, including access to 600 coins, real-time market price, a trading bot, etc., and all of that comes in minimum fees.