Amanpuri Exchange: The Secure Option

Cryptocurrency exchanges come and go, and it’s almost inevitable that an exchange will get hacked at one point or another. While cryptocurrencies themselves are very secure, exchanges can be affected by a variety of vulnerabilities, making them a prime target for malicious actors. Between 2011 and 2018, DLT exchanges actually suffered damages due to hacking of up to 2,414,380,146 USD.

However, Amanpuri exchange adopts a different approach to security which makes it safer than other exchanges out there. The security measures is a top notch security measures and its in 4 segments.

1.      The first measure is a MULTI-SIG digital signature scheme. Two or more passwords (secret keys) are required for the remittance of VFA from a Wallet Address. One of the effects of this security feature is that, for DLT exchanges, just by using multi-sig, hackers tend to avoid hacking the exchanges.This security measure make hackers shun hacking such exchange coz they can’t hack it.

2.      The second measure is the COLD WALLET MANAGEMENT. Basically, customer assets are kept in a cold wallet which curtails the risks associated with hacking. Furthermore, in regard to withdrawal procedures, we restrict withdrawals to one per day, and randomly decide the time period during which procedures are carried out each time through our own algorithm. Through compliance and this algorithm’s special irregular changing of timings, we offer complete protection. As an asset holding operation, protecting customer assets is our first priority. In regard to each withdrawal application, it will not be dealt with individually, for example, if there were to requests of withdrawals from 100 accounts, they will be processed together. This can act as a countermeasure against hacking.

3.      Also, we are negotiating with a major custodian that is a licensing company of the British FCA in order to manage customer assets separately. We plan to start a trust agreement with our custodian around 2023. When custodians are attacked through things like hacking, the Bank of England compensates them for the damages, so we can indirectly protect customer assets 100% with respect to the separately managed funds.

4.      AMANPURI entrusts the management of assets to a custodian that clearly separates and manages the investment assets of AMANPURI and the investment assets of customers.

 In the unlikely event that the AMANURI Exchange collapses, AMANPURI Exchange investors will be repaid their investment minus any associated costs.

Amanpuri Exchange is a DLT exchange with an up to 100x leverage trading platform and a spot transaction platform and its main services through order matching systems with customer assets protection in mind. We value the protection of customers’ asset and we'll ensure utmost safety of customers’ asset. Also, Amanpuri will provide a customer support phone services by 2021 with correspondents in several languages including but not limited to, English, Chinese, Korean, French, Spanish, Hindi, Russian & Arabic.

The exchange sees traders as partners and as a result they share in the growth of the exchange. Be part of the exchange of the future.

Click here to register on Amanpuri exchange.