What does XBTFX do with my assets?
Protecting them comes first. Most client assets stay in cold storage, out of reach of online attacks, and our hot wallets hold only what fast withdrawals need.
Client assets are held mostly in cold storage, kept apart from company funds and reconciled every week.
Cold storage and a segregated account at our liquidity provider
Hot wallets: no more than 15%
Protecting them comes first. Most client assets stay in cold storage, out of reach of online attacks, and our hot wallets hold only what fast withdrawals need.
Deposits are credited as soon as the network confirms them, and anything beyond what withdrawals need moves to cold storage.
XBTFX has no debt, so its only possible creditors are service providers. In the unlikely event of liquidation, funds in cold storage would be returned to clients.
On Mega1 and MetaTrader 5