Toobit Drives the Future of Exchange Security with Cutting-Edge Solutions

Georgetown, Cayman Islands, Sept. 20, 2024 (GLOBE NEWSWIRE) — As the digital asset landscape becomes more volatile, Toobit continues to set the industry benchmark for security, boasting an impeccable 0-hacking track record, advanced security infrastructure, and a proven commitment to transparency through comprehensive asset protection. With a strong focus on user protection, Toobit has partnered with Cobo, a leading provider of digital asset custody services, further enhancing its position as one of the most secure platforms in the industry.

Setting New Standards with Cutting-Edge Security and ISO Certification
Toobit goes beyond meeting industry standards — it is raising the bar. The platform is ISO 27001 certified, a globally recognized standard for information security management. This certification reinforces Toobit’s dedication to safeguarding user assets from both internal and external threats, ensuring that users can trust their funds are protected with the highest level of security.
In partnership with Cobo, Toobit leverages advanced wallet custody solutions, including cold storage, asset segregation, and multi-signature technologies. These measures provide unparalleled protection for digital assets, ensuring that Toobit’s users benefit from the most sophisticated and secure custodial practices available.

Transparent and Responsible Asset Management
At the core of Toobit’s security is its wallet management system, which balances hot and cold wallet storage to optimize both liquidity and long-term asset protection. Every withdrawal request undergoes 24-hour monitoring and is subject to rigorous approval processes, with Toobit’s advanced security systems continuously scanning for any unusual activity. This proactive approach ensures that user assets and positions are fully protected at all times.
In addition, Toobit’s Proof of Reserves (PoR) provides complete transparency, giving users confidence that their assets are secure and fully backed. This high level of transparency reflects Toobit’s mission to maintain user trust while delivering a secure and reliable trading experience.

Comprehensive Security Measures
While others may focus on limited aspects of security, Toobit’s protection is comprehensive:

• Multi-Party Computation (MPC) Wallets: These advanced wallets prevent any single point of failure by distributing security responsibilities across multiple nodes, providing enhanced protection for user funds.
• Continuous Auditing and Monitoring: Toobit consistently audits its security protocols and conducts regular stress tests to ensure the system remains resilient to threats.
• Strategic Partnerships: Toobit collaborates with a network of leading security partners, including Cobo, Hacken, and several top-tier blockchain security firms, to integrate the latest custodial technologies. These partnerships ensure that user assets are safeguarded with a multi-layered approach, including robust cold storage, multi-layer encryption, and multi-signature security. By leveraging the expertise of these industry leaders, Toobit delivers an unrivaled level of protection for user funds, offering a secure trading environment that users can trust.

Toobit’s mission is clear: to not only respond to threats but to proactively prevent them. With its comprehensive security infrastructure, continuous system improvements, and unwavering focus on user protection, Toobit stands as one of the most secure and trusted exchanges in the digital asset space.

About Toobit
Toobit stands as a beacon of innovation in the digital trading domain, offering a broad spectrum of trading services bolstered by cutting-edge technology, unparalleled security, and a user-focused experience. Guided by a mission to empower users worldwide to trade high-quality financial assets freely and equally, Toobit is on a trajectory to transform the digital trading landscape.

Join the revolution with Toobit – Your Trusted Partner in Digital Trading.

For more information on Toobit and its services, visit Toobit.

CONTACT: Yvonne Zhang

Toobit

market at toobit.com