By
Mayowa Adebajo
March 1st, 2024
An innovative blockchain trading platform trade.io has developed a new beneficial security program before the upcoming release of its crypto exchange.
During the period of its token sale, an innovative blockchain trading platform trade.io had successfuly challenged lots of cyber attacks and hacking attempts on its website due to the platform’s high-level security systems.
With the upcoming release of its cryptocurrency exchange, which is going to be trustful and safe, the company claims to enhance the new platform’s security credentials by hiring a world-class security officer and a specialist team. A comprehensive range of technologies, measures and procedures have already been implemented.
trade.io represents itself a customizable innovative financial platform based on the principles of blockchain. It follows the idea of providing its users with maximum security and transparency. The platform already has a great experience in such fields as investment banking, trading and fintech, and is currently working on connecting this expertise with the power and transparency of blockchain technology, seeking to revolutionize both asset trading and investment banking with a unique and secure cryptocurrency exchange.
Before the upcoming release of its cryptocurrency exchange, the company has developed a new beneficial security program, which will be, so-called, multy-layered, allowing its users to sign in with multiple methods of authentication. By the way, only secured user communications will be allowed on the platform.
Exchange funds and wallets infrastructure will be safe due to proprietary algorithms, which will ensure their security. Internal and external security experts will conduct industry-standard risk assessments, penetration tests, architecture reviews and code review.
Moreover, the in-house professional cybersecurity team will provide 24/7 control over the exchange, while the internal systems will be secured by industry-standard operating procedures, such as the NIST framework, and advanced security products.
All the cyber attacks and hacking attempts from now on will be blocked by bank-grade security monitoring, whether they be on the exchange itself or user accounts.
As trade.io’s Head of Security, Ari Propper, commented to the new security program:
“We are using innovative industry-leading technologies to detect, protect and respond quickly to cyber events. We have a team of experts with vast knowledge and experience in the cybersecurity field as well as deep and strong connections in the industry that allows us to consult, review and test relevancy of cybersecurity technologies continuously. We are treating cyber defence as an ongoing process and integrating it in all of the development and business activities.”
In addition, trade.io’s Chief Technology Officer, Charles Voltron, noted:
“Our security approach towards securing the exchange is holistic, other than protecting the exchange with a multi-layered defence tactics, we are enhancing our employees awareness for cyber events, we protect our business processes and our internal technologies. When it comes to security, the trade.io team is firm on not cutting any corners and is committed to having an exchange that clients feel safe using.”
As a bonus, the company promises to grant its participants with commission-free trading during the first month of launch.