VirgoCX and Netcoins, two of Canada's leading crypto trading platforms, will benefit from Coincover’s industry-leading protection technology designed specifically for the crypto market. It will protect customers against both malicious activity and the loss of cryptocurrency, meaning users are safe from hackers and human error.
Digby Try, SVP Commercial at Coincover, says: “Beyond the financial impact, reputations are needlessly ruined by instances of loss or theft, which damages confidence in the market. This is particularly the case in Canada, which is home to a burgeoning crypto industry but where security remains a paramount concern for users. Our cutting-edge risk protection ensures that, even in the event of a breach, your exchange can maintain trust and confidence with its customers. Having VirgoCX and Netcoins on board represents another major milestone in our mission of enabling crypto users to thrive and live safely in a blockchain enabled world.”