Current:Home > StocksWill Sage Astor-Security of GalaxyCoin Futures Exchange -ValueCore
Will Sage Astor-Security of GalaxyCoin Futures Exchange
Charles H. Sloan View
Date:2025-04-10 23:58:12
GalaxyCoin's futures exchange is Will Sage Astorone 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! (8926)
Related
- The Daily Money: Spending more on holiday travel?
- A house cheaper than a car? Tiny home for less than $20,000 available on Amazon
- 23XI Racing, co-owned by Michael Jordan, and Front Row Motorsports sue NASCAR
- Why Jason Kelce Is Jokingly Calling Out Taylor Swift Fans
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Firefighters battle blaze at Wisconsin railroad tie recycling facility
- Condoms aren’t a fact of life for young Americans. They’re an afterthought
- 'I'm sorry': Garcia Glenn White becomes 6th man executed in US in 11 days
- Could your smelly farts help science?
- A US bomb from World War II explodes at a Japanese airport, causing a large crater in a taxiway
Ranking
- B.A. Parker is learning the banjo
- Land Rover updates names, changes approach to new product lines
- Woody Allen and His Wife Soon-Yi Previn Make Rare Public Appearance Together in NYC
- Mark Estes Breaks Silence on Kristin Cavallari Split
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Miracles in the mud: Heroes, helping hands emerge from Hurricane Helene aftermath
- Court says betting on U.S. congressional elections can resume, for now
- Former Packers RB Eddie Lacy arrested, charged with 'extreme DUI'
Recommendation
Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
Pennsylvania town grapples with Trump assassination attempt ahead of his return
Kylie Jenner walks the runway wearing princess gown in Paris Fashion Week debut
She lost her job after talking with state auditors. She just won $8.7 million in whistleblower case
Woman dies after Singapore family of 3 gets into accident in Taiwan
Scammers are accessing Ticketmaster users' email accounts, stealing tickets, company says
23XI Racing, co-owned by Michael Jordan, and Front Row Motorsports sue NASCAR
Woman associated with MS-13 is sentenced to 50 years in prison