In the world of Bitcoin and cryptocurrencies, it has been all too common to see exchanges get hacked. Many of the top exchanges now have stronger safeguards in place than in the past and some even keep insurance funds for emergencies, but at Tantra Labs we don’t believe in taking unnecessary chances. As part of our risk mitigation strategy, we use small amounts of leverage to simulate larger trades on the exchanges. Effectively, this means that we keep as much of your bitcoin offline, secured by multisig in cold storage, as is possible.
How does Tantra Labs safeguard my BTC while it’s being traded on a 3rd party exchange?
Written by Kagen Atkinson