Security

When it comes to security, we are focused.

Every detail is analysed to avoid security holes. We pride ourselves on being a secure crypto currency exchange.

    Here is why:

  1. Secure cold wallet to hold crypto currencies

    Your crypto currencies are stored in a cold wallet until they are needed for a transaction. Our hot wallets are not accessible from the front-end servers

  2. Always up-to-date systems to host the platform

    Our servers network is protected using always up-to-date software and the best possible practices.

  3. Advanced account protection
      We offer two options to secure your account:
    • Two-factor authentication (2FA) token and Email/Voice authentication to validate your withdrawals.
    • We have advanced verification tools to try and detect if your account is compromised
  4. Automatic backup of the database once a day

    Once a day, the database of the platform is backed up, encrypted and compressed as an archive. The passwords of users it contains are hashed

  5. Duplication of backup data automatically

    As soon as a new backup is ready (database, log files,...), it is sent to other servers in several physical locations.


RISK MANAGEMENT

We aim to be a leading example of best practices and provide a secure and safe environment for you to transact with crypto currency. Our procedures seek to provide a secure exchange environment to protect the user.

SiiCrypto Customers can process bank wires fund to their SiiCrypto account.

  • Deposit or withdraw GreenCoinX (XGC) or Bitcoin (BTC)
  • Deposit or withdraw fiat currencies
  • All fiat funds are held by third party fiduciary trust company
  • Customers have to approve access to their XGC, BTC or fiat currencies
  • No account limits

All client fiat funds are held in an escrow account supervised by ILS Fiduciaries (Switzerland) Sarl the Swiss branch of ILS World, a global provider of independent fiduciary services. ILS Fiduciaries (Switzerland) offers fiduciary services from one of the world's safest and most stable jurisdictions. The ILS World office in Geneva has built up a high level team of lawyers and trust professionals and is the primary ILS World centre of expertise for the provision of services to private clients. The provision by ILS of its independent impartial fiduciary services to the SiiCrypto client funds account ensures that client funds can only be accessed for client trading activities.

Any concerns can be directed to the Risk Management Officer via support@siicrypto.com.