Singapore, November 19th, 2024 – Bitunix, the fastest-growing crypto derivatives exchange announced on October 30th that it has become a partner with Salus Security, a prominent Web3 security firm. Intending to strengthen the security on the platform even more this proves once again Bitunix’s determination to ensure a safe environment for trading.
Salus Security offers various services regarding blockchain security, including smart contract audits and security tests. The firm will perform ongoing security penetration tests for Bitunix to check for potential vulnerabilities that could be exploited by hackers.
“Security is a very high priority for us. In this aspect, we are very focused, so we have become a partner with Salus Security. We are always looking for ways to improve the security of Bitunix,” said Bill Wang, Chief Marketing Officer at Bitunix. Users should feel safe when using the exchange and know their assets are 100% safe. This is what makes the difference,” he added.
By integrating Salus’s security solutions, Bitunix once again proves the importance of user security for the exchange. According to Bitunix, to deliver top-quality services and functionalities, partnering with the leading experts in each sector must be a priority. This approach allows the exchange to provide genuine security and build user confidence.
The Salus Partnership Arrives Just as Crypto Hacks Reach New Highs
This collaboration arrives at a critical time since according to BeinCrypto in 2024, crypto hacks have surged, with global losses from cyberattacks exceeding $2.1 billion by the end of September, an alarming 72% increase compared to the same period in 2023. Hence the Bitunix partnership with Salus Security, to perform ongoing tests and to make sure that user assets are safe. Recently, Bitunix has additionally become a partner with Hacken, a major cybersecurity firm also, that will perform constant audits of the exchange through its bug bounty program.
By making these partnerships and relying on trusted specialists rather than attempting to develop all functionalities or services in-house, Bitunix avoids potential pitfalls common in the industry, reinforcing their commitment to a secure and reliable user experience.
This partnership also aligns with Bitunix’s recent steps to implement Proof of Reserves (PoR), a method ensuring users that reserves are securely held and it aligns with Bitunix’s mission to provide a platform where everyone feels safe to trade.
For more information on Bitunix’s security initiatives, please visit Bitunix.
About Bitunix
Bitunix is a global cryptocurrency derivatives exchange founded in 2021, committed to offering simple, secure, transparent, and cost-effective trading services to its users. Bitunix specializes in both spot trading and perpetual futures, with over 250 trading pairs and leverage of up to 125x.
With features such as top-tier liquidity, 24/7 customer support, and a strong commitment to regulatory compliance, Bitunix remains at the forefront of providing a reliable trading experience for the global crypto community. Bitunix has attracted more than 1,000,000 users from over 100 countries, facilitating a daily trading volume exceeding $1 billion on its platform.
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About Salus
Salus Security is a top-tier blockchain security firm dedicated to ensuring the safety of digital ecosystems. Through its advanced technology and expert-led services, Salus supports leading blockchain companies in mitigating risks and protecting digital assets from emerging threats.
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