Security and Privacy at CoinCatch

The security and privacy of user data and funds have become top priorities for cryptocurrency traders. While CoinCatch has maintained a strong security record with no known breaches affecting user data or funds, the exchange is missing one very important ranking from cer.live, an independent cybersecurity ranking and certification platform that evaluates the security of cryptocurrency exchanges. That is most likely due to CoinCatch's relatively small size.

Despite this, CoinCatch employs Proof of Reserves (PoR) with monthly snapshots to ensure transparency and trust. The platform maintains over 90% excess reserves in cryptos like BTC, ETH, USDT, and USDC, which are the most actively traded cryptocurrencies on the exchange.

That said, traders are encouraged to practice safe custody of assets they are not actively trading. Self-custody remains the gold standard for security, particularly using hardware wallets, which are less vulnerable to hacking or exploits compared to software wallets.

For those looking for reliable options, you can find some great deals on The Coin Bureau’s Deals page. In addition to PoR, CoinCatch states that it conducts regular security audits and employs industry-standard security measures to protect user data and funds. These measures include two-factor authentication (2FA), anti-phishing codes, and advanced encryption protocols, ensuring a secure trading environment for its users.