Hi ucjobs, thank you for your questions.
I am only care about the security now
Your wallet is partially stored and protected on the cloud on Amazon AWS for increase ins security against DDoS, built-in redundancy systems, double data encryption, and active monitoring of the servers. Also, we also store a portion of the wallet offline in a cold wallet. There are also multi-sig keys which are splitted into different parts and physically stored in 3-5 bank safes in different countries. The backend programs, which are developed in house, were built to keep an eye on both the hot wallets and cold wallets transactions which also sends live alerts to our administrators once an abnormal transaction is found.
What do you think about bitfinex? What is your solutions about security?
We believe Bitfinex had a great system going on with BitGo in their 2 of 3 key signing of multi-sig. However, being solely reliant upon programs to automatically sign and allow withdrawals are not always the fool-proof countermeasures against hack as any servers, regardless of how secure, can be compromised either by the internal system or by the people.
Our solutions incorporate both in-house programs but also real person checks. This real person checking system is based similarly to Huobi, which incorporates an actual team of real people sitting 24/7 to verify every withdrawal and suspicious activities are alerted to both the administrators and the owner of the account.
You can also check out our latest video instructions on how to set up a selling advertisement and see all the security features a seller can use to protect themselves here:
https://youtu.be/xL8OyGLzUmI
