At Coinbox, the security of our clients' funds and digital assets is our top priority. We utilize the most advanced technologies in the market to ensure optimal protection.

1. Fireblocks Security Architecture

We partner with Fireblocks, the world's leading infrastructure provider for digital asset custody for financial institutions. Using the Fireblocks network and MPC-CMP technology, we eliminate any Single Point of Failure. MPC technology splits the private keys among multiple secure processing units, so even if a malicious actor penetrates one server, the key itself is never fully exposed.

2. Cold Wallet and Hot Wallet Management

We operate in a configuration that minimizes exposure of assets:

• Cold Wallets: The vast majority (the most substantial portion) of digital assets are held in protected cold storage, fully disconnected from the internet (Air-Gapped). This almost entirely prevents any virtual fraud attacks.
• Hot Wallets: Only a tiny fraction of funds required for daily liquidity is managed there, under a highly strict withdrawal and approval policy requiring multiple employee signatures (Multi-Sig).

3. Quorum Approvals Policy

Funds transfers and withdrawals involve a staged decision-making process and secondary approval by key personnel to ensure no single entity can perform a malicious transaction without broad approval and consensus.

4. Anti-Money Laundering (AML) Controls and Protection

We utilize automated tools for monitoring blockchain transactions (KYT - Know Your Transaction) to identify and prevent suspicious activities on the network in real-time, such as flows to sanctioned countries.

5. Personal Account Security (2FA)

To secure your account, please ensure that you enable Two-Factor Authentication (2FA) and do not share your password or mobile authorization codes with any external party. The Company may block access to the account if login is detected from an unrecognized IP address or a suspicious device.