How Can We Help?
Are cryptocurrencies secure? (Bitcoin, Litecoin, etc.)
Yes. Cryptocurrencies such as bitcoin and bitcoincash are 100% secure. Due to the unparalleled privacy and security measures, the Bitcoin network has never been hacked.
Security
- Cryptocurrency is held in your in own personal wallet. Your information and funds are stored in your smart device and not on a server elsewhere.
- Without no access to your specific smart device or knowledge of your password information, your cryptocurrency is safe.
- There is a ledger of every transaction since the dawn of cryptocurrency. Each with its own private blockchain.
- This ledger means that no transaction can be lost or debated.
- A verification process ensures each transaction is completely secure and verified by all parties before proceeding. Privacy
- No personal information is ever kept on the ledger. Only cryptocurrency addresses.
- Using a Digital Wallet means there is the utmost privacy. Your information is not shared with anyone, or a third party.
Did you find what you were looking for?