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Is BigONE trading platform legal?

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2024-08-21 15:11:01550browse

The BigONE trading platform is legal and reliable. It has a license from the Seychelles Financial Services Authority (FSA) and has adopted a number of measures to ensure security, including SSL encryption, 2FA authentication, cold wallet storage, regular security audits, and cooperation with law enforcement agencies to combat Criminal activities, etc. In addition, it also provides security features such as anti-phishing mechanisms, address whitelisting, suspicious activity monitoring, and user education.

Is BigONE trading platform legal?

BigONE trading platform legality and safety

Is BigONE legal?

Yes, BigONE is a legitimate cryptocurrency trading platform. It is registered in Seychelles and holds a license (No. SD050) from the Seychelles Financial Services Authority (FSA).

Is BigONE safe?

BigONE has taken multiple measures to ensure the security of its platform:

  • SSL Encryption: BigONE uses SSL encryption to protect user data and transactions.
  • Two-Factor Authentication (2FA): Users are required to use 2FA to log into their accounts, adding an extra layer of security.
  • Cold wallet storage: Most user assets are stored in offline cold wallets to prevent cyber attacks.
  • Regular security audits: BigONE regularly hires third-party security companies to conduct security audits on the platform.
  • Crime Prevention Measures: BigONE cooperates with law enforcement agencies to combat money laundering and fraud and strictly adheres to KYC/AML regulations.
  • Insurance Protection: BigONE partners with leading insurance companies to provide insurance for its assets and user funds.

In addition, BigONE also has the following security features:

  • Anti-phishing mechanism: Prevent phishing attacks and protect users from online fraud.
  • Address Whitelist: Users can create whitelist addresses and only allow transactions to be sent to these addresses.
  • Suspicious activity monitoring: BigONE continuously monitors suspicious activities on the platform and takes necessary actions.
  • User Education: BigONE provides resources and tutorials to help users understand and protect their cryptocurrency assets.

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