By partnering with industry leaders in custody, safety and compliance, Coinchange mitigates risk and keeps your investment secure as possible.
Our Fireblocks coverage protects your investment from failures of our technology products or services which result in theft of cryptocurrency.
This covers events such as loss of data assets, cyber extortion, technology errors and technology products failure, malicious or criminal acts of employees, failure of any of our third-party providers and more.
We use Coincover to provide government grade key storage – as well as the recovery of crypto funds in the event of a loss of access to keys.
This is military-level protection of keys that is trusted by government and law enforcement around the world.
Coinchange uses Jumio as a solution for automated identity verification for KYC (know-your-customer). Jumio helps keep us secure from financial crime while also keeping the amount of friction for our clients low. Jumio is also trusted by Microsoft, Oracle, Monzo, and HSBC
In addition, we use KYC2020, Chainalysis, Plaid to adhere to the strictest Anti-Money Laundering (AML) global compliance standards.
Integrating new blockchains, protocols or strategies into Coinchange takes a dedicated team that follows a predefined framework. These research and the risk assessment procedures are key to making that integration as secure and smooth as possible.
In this step we gather, analyze and synthesize intelligence about crypto projects and initiatives across the crypto asset ecosystem. We provide internal stakeholders with the knowledge and insights necessary to provide actionable insights.
By building upon the content and information gathered in the previous step, we use specific criteria on a protocol or blockchain available information to uncover relevant info about risks; this includes information about the team and its vision, the protocol control, overall code quality and counterparty risk. The result is a relative risk understanding of the blockchain or protocol.
Here we list any data point relevant for integration into the backend algorithm. We keep those data points up to date and add any new protocol data point into the current list once they successfully pass the “Protocol screening” evaluation and the “Strategy definition”.
Smart Contract Risk
Liquidity and Financial Risk
We use Secure Sockets Layer protection (SSL) to keep all user data encrypted – including sensitive credit information you supply.
User data is only accessible by a small number of Coinchange employees who manage identity verification and account safety.
We use Cloudflare and AWS to encrypt and secure passwords, APIs and our code.
These services also increase the speed and reliability of our products.
Web App, iOS and Android.
To start using Coinchange