In the current fast-changing financial environment, the security of assets has become a key consideration for users when choosing financial service providers. WebitPay understands that providing secure and reliable asset protection is our top priority. Therefore, we have implemented a series of effective measures to ensure that your assets are safeguarded with the highest level of security.
Professional Asset Custody
We entrust your assets to a licensed trust and company service provider in Hong Kong for custody. This means that your assets will be stored completely separate from our company’s own assets, thereby avoiding the risk of fund commingling. This practice not only adheres to industry best practices but also ensures transparency and compliance, allowing customers to use our services with peace of mind. In Hong Kong, a financial hub, regulated trust companies possess solid professional backgrounds and experience, further safeguarding the security of client assets.
High Insurance Coverage
To enhance customer confidence in asset safety, we have also partnered with professional insurance institutions to provide insurance coverage of up to $50 million for your assets. This insurance is offered by OneDegree, which specializes in asset protection in the financial services sector, providing clients with an additional safety net. Even in extreme circumstances, your assets will be protected, a commitment that fully demonstrates our accountability to customers.
Top-notch Security Technology
On the technical side of asset security, all our private keys are stored in top-tier Hardware Security Modules (HSM) that comply with FIPS 140-2 Level 3 standards. HSMs are physical devices specifically designed to generate, store, and manage encryption keys, offering unparalleled security. These devices utilize the latest encryption technologies and security standards to ensure that private keys are not subject to unauthorized access or attacks. The FIPS 140-2 Level 3 standard requires HSMs to protect private keys from both physical and logical attacks, further enhancing asset security and allowing customers to rest easy.
Proactive Security Monitoring
Our security team continuously monitors system operations to ensure potential security threats are identified and addressed in real-time. Utilizing advanced monitoring technologies, we can conduct real-time analysis of transaction activities to promptly detect abnormal behavior. This proactive defense mechanism ensures that customer assets are not threatened at any time.
User-Friendly Experience
Regarding user experience, we are committed to providing a secure and user-friendly operational environment. Whether you access our services via the web or mobile app, we strive to deliver a seamless user experience. In our design, we perfectly blend security and usability, ensuring that customers feel at ease when conducting transactions or managing their assets.
Continuous Professional Development
WebitPay not only focuses on asset security but also strives to continuously enhance the professionalism and transparency of our services. We conduct regular compliance and security reviews to ensure our operational processes consistently meet industry standards. This relentless effort keeps us ahead in a competitive market.
Your Commitment to Safety
In summary, your assets at WebitPay are secure, and this is our commitment to every customer. Our asset custody solutions, insurance coverage, advanced security technologies, and professional monitoring systems collectively form a robust safety net, providing comprehensive protection for customers. Through these measures, we aim to allow clients to concentrate on their financial needs without worrying about asset security.
Future Development
In the future, WebitPay will continue to focus on enhancing service quality, providing customers with higher standards of asset security, and ensuring that every client can enjoy top-notch financial services on our platform. By continually strengthening our technical capabilities and security defenses, we are confident that we will set industry benchmarks in the financial services sector.