How Xoibit Keeps Your Crypto Safe: Security Features Explained

🔐 Introduction

In the crypto world, security is everything. With millions of dollars at stake, exchanges must go beyond the basics to protect user assets. At Xoibit, we've built security into every layer of the platform.

In this blog, we’ll explain the top security measures we’ve implemented — and how they safeguard your funds and data.

🛡️ 1. Two-Factor Authentication (2FA)

We require 2FA on all critical actions like:

• Logging in
• Withdrawals
• Password changes

This ensures only you can access and authorize transactions on your account.

🧠 2. Advanced Encryption Protocols

Xoibit uses bank-grade encryption (AES-256) to protect all sensitive user information, from login data to wallet keys. All data is encrypted both in transit and at rest.

🔍 3. Anti-Phishing Code

To prevent phishing attacks, Xoibit offers a custom anti-phishing code that appears in every official email. If the code is missing — it’s a red flag.

🧮 4. Secure Wallet Infrastructure

Xoibit uses a hybrid wallet system:

• Hot wallets for real-time trading
• Cold wallets (offline) for long-term storage

Over 95% of user funds are stored in cold wallets for maximum safety.

👁️ 5. Real-Time Monitoring and Risk Detection

We continuously monitor:

• Withdrawal behavior
• Login activity
• IP geolocation shifts
• Suspicious trading patterns

Any abnormal activity triggers instant alerts and may lead to auto-freezing of the account for review.

🧱 6. Multi-Signature Withdrawals

All large withdrawals from Xoibit wallets require multi-signature approvals from multiple internal parties, ensuring no single actor can move large sums.

📲 7. Device and IP Whitelisting

You can lock your account to:

• A specific device
• A static IP address
• This minimizes the risk of account hijacking from unknown locations.

🧩 8. Bug Bounty Program

Xoibit actively encourages white-hat hackers to find vulnerabilities through our bug bounty program — because we believe in prevention over cure.

🏦 9. Withdrawal Whitelist

Users can restrict withdrawals to specific wallet addresses only. Even if credentials are compromised, the funds cannot go elsewhere.

📘 Conclusion

Security isn't an add-on — it’s the foundation of Xoibit. From real-time monitoring to cold wallet protection and encryption, we take every step necessary to make Xoibit one of the safest crypto platforms in the world.