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XT.com discloses comprehensive asset custody and security measures
XT.com released details about its asset custody and account protection measures, highlighting the use of offline cold wallets, multi-signature controls, and a range of user-managed security settings including two-factor authentication and passkeys. The announcement also outlines monitoring protocols, reserve disclosures, and tools for user verification.
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XT.com has published a detailed overview of its asset protection measures, focusing on both platform-level and user-controlled security features. According to the announcement, the majority of user assets are kept in offline cold wallets, with transfers requiring multi-signature authorization. The platform outlines additional measures such as reserve disclosures using Proof of Reserves and Merkle Tree verification, continuous monitoring for suspicious activity, and a public bug bounty program introduced in April 2023. Users can manage their own security with options like two-factor authentication, passkeys, anti-phishing codes, and IP-restricted API keys, with restrictions applied to withdrawals and P2P selling for 24 hours following changes to authentication settings.
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XT.com is a digital asset exchange established in 2018, offering access to over 1,300 tokens and various trading options including spot, margin, and futures markets. The platform supports both cryptocurrencies and fiat deposits, provides leverage up to 125x, and features high liquidity, a proprietary mining platform, and a user-friendly trading terminal. For a detailed overview of its features and services, visit the broker profile on Traders Union.
For more context, you can refer to our previous XT.com update on Traders Union, which covered the launch of XT.com's USDC Flexible Earn promotion offering up to 13% APR with hourly compounding and flexible redemption options. Read the earlier news about this initiative here.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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