On June 25, digital asset trading platform BitDa announced the establishment of a user risk protection fund, with the first phase exceeding US$10 million. The fund is used to protect user assets in extreme market environments. This important milestone not only reflects BitDas outstanding strength in asset security management, but also builds a solid security line of defense for more than 800,000 users worldwide.
User asset security: solid reserve protection
BitDa always puts the security of user assets first. Through strict risk management and multiple security technologies, the platform ensures that all user funds are 100% backed by reserves. Even under extreme market volatility or hacker attack risks, users assets can be withdrawn instantly and worry-free. The reserve of more than 10 million USDT not only provides a strong backing for the platform operation, but also demonstrates BitDas high commitment to the security of customer funds.
Ola Lind, CEO of BitDa, said:
“Against the backdrop of increasing uncertainty in the current global financial market, users’ attention to asset security has reached an unprecedented level. BitDa’s establishment of a user risk protection fund is not only a financial protection mechanism, but also a reflection of our commitment to every user. We firmly believe that a trustworthy trading platform must be based on a strong risk control system and sufficient reserves. In the future, we will continue to expand the scale of the fund and build a truly sustainable, predictable and secure trading ecosystem.”
BitDa risk fund page address: https://www.bitda.com/risk-fund
Bank-level security system
BitDa uses leading multiple security technologies to ensure the absolute safety of reserves and user assets: most funds are stored in multi-signature cold wallets, only necessary liquidity is retained in hot wallets, and is equipped with real-time monitoring and rapid response systems; at the same time, the platform provides multiple account protections such as two-step verification, anti-phishing codes and IP address whitelists; in addition, it uses advanced distributed architecture and AES-256 encryption technology to ensure the security of all sensitive data; coupled with a 24-hour AI-driven intelligent risk control system, it automatically monitors and responds to abnormal trading behaviors to effectively prevent risks.
Global compliance management and excellent service
BitDa is supported by top blockchain institutions in Japan, Singapore, and other countries, and holds compliance licenses in the United States, Canada, Australia, and other countries, providing safe, efficient, and convenient digital asset services to more than 800,000 users worldwide. Ola Lind said, Only through continuous technological innovation, strict compliance management, and all-round security protection can we win the trust and support of users. The company will continue to increase investment and work hand in hand with top global institutions to jointly promote the digital asset industry to a safer, more transparent, and standardized direction, and build a trustworthy trading environment for global users.
About BitDa
BitDa Exchange was founded in Singapore in 2023 and was built with an investment of US$100 million by Singapores top institutions. It is committed to providing global users with safe, efficient and convenient cryptocurrency services, including spot trading, contract trading, financial management, etc. It has obtained compliance licenses from the US MSB, Canada, and Australia, and has a user risk guarantee of more than US$10 million. The core members of the BitDa Exchange are all from the worlds top technology and financial companies and exchanges, with more than 10 years of experience in the blockchain industry. The international management team, including Singapore, Japan, South Korea and other places, has an international vision and cooperation network to support the global development of the platform. As of May 2025, BitDa has 800,000 active users and a daily trading volume of more than US$2 billion.
For more information, please visit: www.Bitda.com
