BitDa establishes user risk protection fund, with first phase exceeding 10 million US dollars

CoinRank News: BitDa announced the official establishment of a user risk protection fund, with the first phase exceeding 10 million US dollars, to provide security for user assets in extreme market environments. BitDa CEO Ola Lind said: Against the backdrop of increasing uncertainty in the current global financial market, users attention to asset security has reached an unprecedented level. BitDas establishment of a user risk protection fund is not only a financial protection mechanism, but also a reflection of our commitment to every user, and we will continue to expand the fund size in the future. BitDa has obtained compliance licenses from many countries including the United States, Canada, and Australia, and has a bank-level security architecture such as cold wallet multi-signature and intelligent risk control to protect user transactions and asset security. Currently, the platform has more than 800,000 active users and a daily trading volume of more than 2 billion US dollars.