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Home»BITCOIN NEWS»Crypto Lock: Bitfinex Traders’ Ultimate Security Checklist
BITCOIN NEWS

Crypto Lock: Bitfinex Traders’ Ultimate Security Checklist

By Crypto FlexsMarch 18, 20254 Mins Read
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Crypto Lock: Bitfinex Traders’ Ultimate Security Checklist
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March 18th Crypto Lock: Bitfinex Traders’ Ultimate Security Checklist

Posted on March 18, 2025
In education
Tammy

There is something better than you are making easily. Traded by peace of mind. Security is the core of everything we do in Bitfinex, and we are The best location to protect your account and funds. Taking the right measures, whether you are a skilled merchant or just starting, can help you keep your funds safe from cyber threats and phishing attempts.

How to keep your account safely

1. Refrigeration and multilayer security

  • Cold wallet: We store 99.5%of user funds offline and multiple signatures to drop assets from online threats. ​
  • Hot wallet: In order to operate the daily platform, only 0.5% of the password assets can be accessible. ​
  • Multi -signature security: Our cold storage is to approve all transactions through three of the five hardware security modules (HSMS) held by internationally distributed executives, so only one person can access or withdraw.

2. Defense of cyber threats and fraudulent

  • DDOS protection: Our platform includes intelligent load balancing and real -time malicious traffic detection, which ensures the operation time even in high -risk events.
  • AI -centered fraud monitoring: We use advanced systems to detect abnormal activities and block unauthorized access.
  • Regular security audit: Our security team performs routine external security audits to maintain a fundamental hostile environment for potential aggression.

3. Security upgrade and best practices

  • Latest system: We always maintain the latest Linux system to host the platform to ensure protection using the best security practices.
  • Continuous monitoring: The platform will continue to monitor, update and strengthen to go ahead of emerging threats.

What you can do to maintain safety

2 Factors Certification (2FA) -No excuses!

  • Hardware or software 2FA settings: This method adds an additional security layer for login, API key creation and withdrawal. We support both 2FA app and hardware security keys. In addition, hardware keys can be composed of withdrawal and transaction permissions.

Check out your account -less security and troublesome

  • Easy account recovery: If you lose access, the verification simplifies the process.
  • Reduction of withdrawal: Enjoy faster disputes and less restrictions.
  • Protection from impersonation: Verification protects you from the attempts you wear.

Set withdrawal protection

  • Withdrawal activation white list: Limit only with withdrawal addresses.
  • New address waiting period: The new withdrawal address is waiting for additional security measures.
  • Action Monitoring: Our security system monitors withdrawal by IP address and user operation, causing inspections of abnormal activities.

Please keep an account access

  • Check regular login records: Regular review of login records. If something is turned off, act immediately.
  • Notification setting: Activate the email for login and withdrawal.
  • IP address restriction: For advanced users with static IP, limit account access to specific IP addresses to prevent unlawful login.
  • Immediately account freezing: If you find a suspicious activity, you can immediately freeze your account with Bitfinex support through email notifications.

Protect your email and password

  • Use a unique and powerful password. Use a password administrator to create and save complex passwords.
  • 2FA activation in email: This prevents hackers from resetting their credentials.
  • Be careful with fraud: Bitfinex does not require your password. If someone does that, it’s a scam.

Use of advanced API key privileges (for API users)

  • API Key Custom: Set advanced read/write permissions for certain functions.
  • Restrictions: Limit API key access to IP addresses with whitelists to improve security when using automatic transactions or integration.
  • Security use: Make the best use of Bitfinex’s rest and WebSockets API. Use your personal API key to safely authenticate requests such as ordering and viewing the balance.

Learn more about the API function

Learn more about comprehensive security features

The best time to secure an account? yesterday. The next best time? Right now. It takes a few minutes Review your security settings and update!

Your security is our priority!

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