How secure are my cryptocurrencies on Knooz?

At Knooz, we understand the significance of security for our users. To enhance this security, we have integrated with BitGo, a leading blockchain security company known for its advanced security solutions and commitment to safeguarding digital assets. Here’s how BitGo enhances the security of your cryptocurrencies on Knooz:

Multisignature Wallets

BitGo employs multi-signature wallets, which require multiple private keys to authorize a transaction. This means that even if one key is compromised, unauthorized transactions cannot occur without the necessary approvals from other authorized parties. This significantly reduces the risk of theft.

Security Audits

BitGo conducts regular security audits to identify vulnerabilities and ensure that the infrastructure remains resilient to emerging threats. These audits help in proactively addressing potential security issues, and ensuring your assets remain secure.

Compliance and Regulation

Knooz and BitGo are committed to complying with relevant regulations, adding another layer of security through legal compliance. This focus on regulatory adherence enhances trust among users and regulators alike.

User Control

Knooz provides you with control over your cryptocurrency holdings. You can manage your wallets, access transaction histories, and initiate withdrawals, adding an element of transparency and control to your investments.

Continuous Monitoring

Our security systems are continuously monitored 24/7 to detect and respond to any unusual activity in real time. This proactive approach ensures that any potential threats are identified and mitigated immediately.

Insurance Protection

For added peace of mind, we provide insurance coverage for digital assets held on the platform. This insurance policy helps protect against certain risks, giving you an additional layer of security.

At Knooz, we recognize the importance of safeguarding your assets and have taken significant steps to ensure the security of your cryptocurrencies.

Rest assured that the security of your cryptocurrencies on Knooz is backed by state-of-the-art measures implemented in collaboration with BitGo. If you have any further questions or concerns, please don't hesitate to contact our dedicated support team. We’re here to help and ensure your peace of mind while using Knooz.