Cold Storage and Hot Wallet Management

BitX Global Exchange employs a strategic balance between cold storage and hot wallet management to ensure both asset security and platform functionality.

Cold storage is used to safeguard the majority of user funds. These wallets are kept offline, disconnected from the internet, and secured with multi-signature authorization to eliminate exposure to cyber threats. Periodic audits and strict access controls further enhance cold storage reliability.

For operational liquidity, hot wallets hold a minimal portion of assets. These wallets are protected with advanced encryption, real-time monitoring, and risk-limiting measures to mitigate potential breaches. Automated systems ensure seamless transfers between hot wallets and cold storage when needed, without compromising security.

This dual-layered approach ensures optimal asset protection while maintaining platform efficiency.