Help Center

Are Fiat Wallets Safe?

Fiat wallets are a part of a larger infrastructure (the cryptocurrency exchange). As a rule of thumb, a fiat wallet is as safe as the platform hosting it.

There is little difference in the safety of the crypto and fiat wallets of the same platform. The fiat and crypto segments of an exchange’s storage infrastructure are not necessarily very different.

Regardless, safety should always come first. Therefore, common-sense security measures such as encryption, multi-factor authentication, and strong passwords should be employed to protect all your digital assets.