Uploaded on Sep 30, 2020
CES is one of the earliest to adopt this domain and is a dedicated crypto exchange development company with a team of developers, market experts, programmers, analysts, and strategists with second-to-none hands-on experience. We ensure a highly secure, stable, and scalable crypto exchange platform for any size of business. To find out more about our crypto exchange development solutions, get in touch with our experts.
How to secure and safeguard your cryptocurrency exchange software.
How to secure and safeguard your cryptocurrency exchange software? Introduction Crypto investors all around the world have started inclining more towards cryptocurrency exchanges because of the opportunity they offer to trade a wide range of cryptocurrencies and boost profits, providing liquidity, convenience, and several other benefits. The current scenario of security in the cryptosphere There quite a bit of challenges revolving around the crypto space when it comes to security. Aspects such as storage of funds, transaction records, and retrieving a coin depend upon a form of technology. This makes the exchange more prone to hack threats and other fraudulent activities. Most exchanges have also started offering mobile application support, which is highly beneficial but also makes it easy for hackers to break in. This implies a need for stronger security implementations and secure transactions. Fundamental security features of crypto exchange Registry Lock A registry lock offers an additional layer of security to your cryptocurrency exchange platform by locking your domain at the registry level, which means your registrar cannot move your domain to another on its own. Implementing DNSSEC DNSSEC is a series of protocols that authenticates all the DNS( Domain Name System) queries. It protects the system from forging DNS data via public-key cryptography and digital signatures to verify and validate the authenticity of the data. Cold Wallet A cold wallet is a way to store and secure users’ crypto funds offline. Integrating a cold wallet into a cryptocurrency exchange software provides an added layer of security, as even if the exchange is hacked, the funds in the cold wallet remain unaffected. Web Protocol Security It is very important that you ensure the web protocol security of your exchange to prevent it from cyber-attacks. Contact us EMAIL ADDRESS [email protected]
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