New partnerships will help Canadian crypto exchanges exceed regulatory demands and protect customer funds
CoinCover, the blockchain protection company, today announces partnerships with two of Canada’s leading crypto trading platforms, VirgoCX and Netcoins. The partnerships will aim to provide the best-in-class security for customer assets.
VirgoCX and Netcoins will benefit from CoinCover’s industry-leading protection technology designed specifically for the crypto market. It will protect customers of VirgoCX and Netcoins against both malicious activity and the loss of cryptocurrency, meaning users are safe from hackers and human error. CoinCover provides a complete defence.
CoinCover’s solution will also help VirgoCX and Netcoins exceed regulatory requirements with regards to asset protection. With the Canadian Securities Administrator recommending crypto-asset companies protect customers against losing assets due to cyber and crime threats, CoinCover’s risk management platform will enable VirgoCX and Netcoins to exceed these requirements and set their own standard of protection.
CoinCover is continually expanding its partnerships to protect the crypto ecosystem and the addition of VirgoCX and Netcoins to its client roster will further support its goal of creating a secure environment for users of crypto in Canada and globally.