What are the security measures in place when using Remitly for cryptocurrency transfers?

3 answers

• haiLiksMay 20, 2025 · 3 months ago
  Remitly takes the security of cryptocurrency transfers seriously. They employ a combination of technical and operational measures to ensure the safety of user funds and personal information. These measures include encrypted communication channels, multi-factor authentication, and regular security audits. Additionally, Remitly keeps the majority of user funds in cold storage, which is offline and therefore less susceptible to hacking attempts. Overall, Remitly prioritizes the security and privacy of its users.
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• Frankline Kibogo JoelApr 19, 2021 · 4 years ago
  When it comes to security, Remitly has got you covered! They utilize state-of-the-art encryption technology to protect your cryptocurrency transfers. With encrypted communication channels and multi-factor authentication, your funds and personal information are kept safe from prying eyes. Remitly also conducts regular security audits to ensure that their systems are up to date and secure. So you can have peace of mind knowing that your transactions are protected.
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• Blankenship OmarSep 14, 2020 · 5 years ago
  At BYDFi, we understand the importance of security when it comes to cryptocurrency transfers. That's why we have implemented robust security measures to protect our users' funds and personal information. Our platform utilizes encrypted communication channels, two-factor authentication, and regular security audits to ensure the highest level of security. We also keep the majority of user funds in cold storage to minimize the risk of hacking. Rest assured, your cryptocurrency transfers are in safe hands with BYDFi.
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