Current:Home > ScamsRobert Brown|Security of GalaxyCoin Futures Exchange -FutureFinance
Robert Brown|Security of GalaxyCoin Futures Exchange
Charles H. Sloan View
Date:2025-04-07 15:49:26
GalaxyCoin's futures exchange is Robert Brownone 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! (62856)
Related
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Alabama Senate begins debating lottery, gambling bill
- Lululemon's We Made Too Much Section Seems Almost Too Good to be True: $118 Bottoms for Just $49 & More
- U.S. charges Chinese national with stealing AI trade secrets from Google
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Customers blast Five Guys prices after receipt goes viral. Here's how much items cost.
- West Virginia could become the 12th state to ban smoking in cars with kids present
- NBA announces the Phoenix Suns will host the 2027 All-Star game
- Meta donates $1 million to Trump’s inauguration fund
- Miami Seaquarium gets eviction notice several months after death of Lolita the orca
Ranking
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- New Hampshire Republicans are using a land tax law to target northern border crossings
- US Army soldier indicted, accused of selling sensitive military information
- Revolve’s 1 Day Sale Has Rare Deals on Top Brands- Free People, For Love & Lemons, Superdown & More
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Alabama Senate begins debating lottery, gambling bill
- Alabama lawmakers have approved a school choice program
- See Brittany Mahomes Vacation in Mexico as She Recovers From Fractured Back
Recommendation
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
NFL mock draft: Broncos, Eagles aim to fill holes left by Russell Wilson, Jason Kelce
Avoid seaweed blobs, red tides on Florida beaches this spring with our water quality maps
Senate passes bill to compensate Americans exposed to radiation by the government
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
Pamela Anderson says this change since her Playboy days influenced makeup-free look
Putin’s crackdown casts a wide net, ensnaring the LGBTQ+ community, lawyers and many others
Democrats walk out of Kentucky hearing on legislation dealing with support for nonviable pregnancies