Basically, cryptocurrency exchanges are decentralized in nature. Nowadays, cryptocurrencies are big targets by anonymous hackers and online scammers. Crypto exchange has large sums of money. So most of the cyber attackers target to steal digital currencies. Even though most of the popular crypto exchanges got hacked by the cyber attackers. Such as binance, bitstamp, bitfinex, Mt.Gox, and more. As for now, about 54% of crypto exchange websites have security holes. Moreover, $1.7 billion worth of cryptocurrencies has been stolen from the crypto exchanges by anonymous hackers.
Currently, there is a vast buzz prevailing for starting a secured cryptocurrency exchange. You might have planned to start your crypto exchange with a stunning UI/UX feature to grab audience attraction. But there are some essential security features that are more important for a secured bitcoin exchange software.
As the modern world is witnessing rapid growth in advanced technologies. Through this rapid growth, it has some good causes. but on the other hand, it is more favorable for malicious activities. To overcome the prey of cyber attacks and scams. Here are some essential security features that will safeguard your cryptocurrency exchange from any threats. With particular interest in Bitcoins and cryptocurrencies, creating cryptocurrency exchange scripts become a creative idea. The perceptive of Bitcoins and cryptocurrencies is emerging at its best. Make your cryptocurrency script with all the essential features to build a secured bitcoin/cryptocurrency exchange website.
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