At Oobit, security is of the utmost importance. We pride ourselves on integrating the latest proven technologies and uphold our safety promises in the highest regard. Below we’re going to run you through some of the ways we ensure that your account is kept safe at all times.
Funds Stored In Air-Gapped Vault
Through our partnership with GK8, all funds are stored in a cold wallet that is kept offline but still able to execute blockchain transactions. The unique storage solution bears a proprietary MPC network that makes use of their patented and revolutionary security features. Read more about it here.
Integrated Security Measures
On the backend, we’ve integrated several security measures to ensure the safety and security of your account at all times.
- Account passwords are never stored in plaintext and are hashed using the industry-standard BCrypt hashing algorithm.
- All sensitive information is encrypted before it is stored.
- Our web applications use the Transport Layer Security (TLS) protocol with up-to-date configurations and ciphers to communicate with our servers.
- We use trusted third-party integrations to access all information pertaining to your bank account.
- Oobit is partnered with MoonPay to facilitate all card transactions, a registered money service business (NMLS ID: 2071245).
- Oobit is partnered with Sumsub to facilitate the identity verification process. Sumsub is GDPR compliant and Data Protection Registered (ZA222205).
If you would like to reach out and enquire about any additional safety features, please contact us at email@example.com.