Dear CoinW Users,
In light of recent developments in the crypto space, CoinW wishes to reaffirm its role and responsibility as an established crypto exchange to the community. CoinW has and always will regard the protection of user funds as its top priority. The recent event had no impact on CoinW and its users.
CoinW’s number one focus has always been user protection, and it has long adopted strict coin listing evaluation processes and banking-level risk management protocols. CoinW has a long track record of regulatory-compliant operations and transparent asset structures. CoinW will never reallocate user funds without explicit user instruction and guarantees that its users can withdraw their funds at any time.
CoinW had established long-term strategic partnerships with credited security companies, including SlowMist, ScanV, Certik, Hyper Lab and more, to provide a comprehensive network security framework, including security audits, penetration testing, transaction tracking, AML solutions, and security consultations. CoinW has taken these steps to ensure the security and stability of the platform and to minimize the likelihood of security-related incidents.
More recently, CoinW has been working on publishing the Merkle Tree Proof of Reserve and will be providing reports from reputable third-party audit organizations regularly. These reports will all be accessible and searchable to our users.
CoinW sincerely hopes that all crypto exchanges will conduct regulatory-compliant operations and work together to achieve long-term sustainable development of the crypto industry.
November 17th 2022
CoinW Team
Dear CoinW Users,
In light of recent developments in the crypto space, CoinW wishes to reaffirm its role and responsibility as an established crypto exchange to the community. CoinW has and always will regard the protection of user funds as its top priority. The recent event had no impact on CoinW and its users.
CoinW’s number one focus has always been user protection, and it has long adopted strict coin listing evaluation processes and banking-level risk management protocols. CoinW has a long track record of regulatory-compliant operations and transparent asset structures. CoinW will never reallocate user funds without explicit user instruction and guarantees that its users can withdraw their funds at any time.
CoinW had established long-term strategic partnerships with credited security companies, including SlowMist, ScanV, Certik, Hyper Lab and more, to provide a comprehensive network security framework, including security audits, penetration testing, transaction tracking, AML solutions, and security consultations. CoinW has taken these steps to ensure the security and stability of the platform and to minimize the likelihood of security-related incidents.
More recently, CoinW has been working on publishing the Merkle Tree Proof of Reserve and will be providing reports from reputable third-party audit organizations regularly. These reports will all be accessible and searchable to our users.
CoinW sincerely hopes that all crypto exchanges will conduct regulatory-compliant operations and work together to achieve long-term sustainable development of the crypto industry.
November 17th 2022
CoinW Team