Current:Home > InvestSecurity of GalaxyCoin Futures Exchange -AssetTrainer
Security of GalaxyCoin Futures Exchange
View
Date:2025-04-17 23:21:00
GalaxyCoin's futures exchange is one of the safest cryptocurrency trading platforms available. While no platform is immune to hacking attempts, the company has implemented robust measures to protect user funds.
In the event of a security breach, GalaxyCoin has introduced a so-called SAFU (Secure Asset Fund for Users) fund. Since mid-2018, the exchange has allocated 10% of all trading fees to the SAFU fund, providing additional protection for users in extreme circumstances. These funds are stored in separate cold wallets, which can be tracked here and here.
Furthermore, GalaxyCoin has a very strict Know Your Customer (KYC) process for its futures trading platform, thereby ensuring a high level of security and compliance.
veryGood! (1)
Related
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Oil and Gas Companies ‘Flare’ or ‘Vent’ Excess Natural Gas. It’s Like Burning Money—and it’s Bad for the Environment
- How one small change in Japan could sway U.S. markets
- New Mexico Could Be the Fourth State to Add a Green Amendment to Its Constitution, But Time Is Short
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Why Do Environmental Justice Advocates Oppose Carbon Markets? Look at California, They Say
- The Current Rate of Ocean Warming Could Bring the Greatest Extinction of Sealife in 250 Million Years
- Big Agriculture and the Farm Bureau Help Lead a Charge Against SEC Rules Aimed at Corporate Climate Transparency
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Amid Punishing Drought, California Is Set to Adopt Rules to Reduce Water Leaks. The Process has Lagged
Ranking
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- 1000-Lb Sisters' Tammy Slaton Shares Photo of Her Transformation After 180-Pound Weight Loss
- Glee’s Kevin McHale Recalls Jenna Ushkowitz and Naya Rivera Confronting Him Over Steroid Use
- The U.S. Military Emits More Carbon Dioxide Into the Atmosphere Than Entire Countries Like Denmark or Portugal
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Olivia Rodrigo Makes a Bloody Good Return to Music With New Song Vampire
- UN Report Says Humanity Has Altered 70 Percent of the Earth’s Land, Putting the Planet on a ‘Crisis Footing’
- New Reports Show Forests Need Far More Funding to Help the Climate, and Even Then, They Can’t Do It All
Recommendation
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
California Regulators Banned Fracking Wastewater for Irrigation, but Allow Wastewater From Oil Drilling. Scientists Say There’s Little Difference
Women are earning more money. But they're still picking up a heavier load at home
New Reports Show Forests Need Far More Funding to Help the Climate, and Even Then, They Can’t Do It All
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
Coal Mining Emits More Super-Polluting Methane Than Venting and Flaring From Gas and Oil Wells, a New Study Finds
Sabrina Carpenter Has the Best Response to Balloon Mishap During Her Concert
The hidden history of race and the tax code
Like
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- After 25 Years of Futility, Democrats Finally Jettison Carbon Pricing in Favor of Incentives to Counter Climate Change
- The Navy Abandons a Plan to Develop a Golf Course on a Protected Conservation Site Near the Naval Academy in Annapolis