What does CoinLion do to ensure the security of funds on the CoinLion platform?

  • The CoinLion team works with third-parties to perform regular security audits on the CoinLion platform. Auditors identify and patch security vulnerabilities to prevent attackers from gaining access to the system. Additionally, U.S.-based users receive $250,000 worth of FDIC insurance on their USD deposits. 
  • Assets are stored in industry leading asset vaults that have: 
    • No single point of key compromise: Key sharing occurs across multiple cloud secure enclaves and smartphones
    • Multi-party computation transaction signing on all movement of assets 
  • On top of this, every account is required to have multi-factor authentication to log in.