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Safety First
Why your assets are safe with us
Customer safety is our first goal - this is how we approach security.
VergeTrader
Security at Vergetrader
Customer safety is our first goal - this is how we approach security.
Financial Transparency
Not only are we the leading Asian crypto investment platform, we are also one of the most regulated. We believe in doing things the right way, not the easy way, which is why we choose to be fully transparent, to acquire licences that see us monitored by multiple financial market authorities, and to have our funds and business practices regularly validated by external parties.
User data protection
Vergetrader only processes your personal data for the purposes permitted according to GDPR. We do not use personal data for automated decision-making, including profiling, and we have several security measures in place to make sure your data is safely stored and processed. .
Regulations, licences, registrations
The Vergetrading Group diligently follows European laws and regulations. We operate our businesses based on various VASP registrations, as well as MiFID II, E-Money and PSD II licences amongst all our core markets.
Asset protection
We prioritise keeping your assets safe, incorporating multiple security measures to protect them from potential threats. Crypto assets are stored in highly-secure cold storage facilities that are examined by an external auditor. Your assets are yours.
Advanced Encryption
Vergetrader infrastructure and systems are secured with the most modern encryption technologies and supported by our dedicated security teams.
24/7 Coverage
As the markets are open 24/7, so are we. Our Operations, Security and Engineering teams operate on a 24/7 coverage model to respond to any changes within the markets.
Keeping your account secure
Password Management
User passwords are stored using the most trusted and modern hashing algorithms. Nobody can read or decrypt them, including us.
Session Management
Vergetrader allows users to see which browsers and devices they are logged in from to control their account access.
Account Lock
Users are prompted via email to verify every password reset request and to freeze their account if the request was not initiated by them.
Account monitoring
Important notifications to the user to ensure overview of user account activity.
Platform Security
Infrastructure safeguards
We have a system of layered technical defences in place to safeguard our platform and to uphold the confidentiality, integrity and availability of our infrastructure. Additionally, we practise secure software development lifecycle in order to build our products
Internal security measures
We have a system of layered technical defences in place to safeguard our platform and to uphold the confidentiality, integrity and availability of our infrastructure. Additionally, we practise secure software development lifecycle in order to build our products
Continuous security assessment
We have a system of layered technical defences in place to safeguard our platform and to uphold the confidentiality, integrity and availability of our infrastructure. Additionally, we practise secure software development lifecycle in order to build our products
Vergetrader Custody
Verge Custody is the insured, user-friendly custodial wallet platform for institutional-grade security, automation and management of crypto assets across blockchains and DeFi.
Please note that this is an abbreviated statement for informational purposes only and this statement is not legally binding. For all details regarding the legal customer relationship as well as the trust agreement the respective general terms and conditions apply and please refer to them. Any insolvency procedure in any European jurisdiction is subject to mandatory European and local law and therefore the assessment of the competent insolvency administrator and the competent courts. For this reason, the statements in this information as well as the general terms and conditions are not conclusive and there remains a risk that this legal setup will be qualified differently.
