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Are cryptocurrencies secure? (Bitcoin, Bitcoin Cash, etc.)
Yes. Cryptocurrency security and privacy measures are second-to-none.
Security
- You are in total control of your funds - all cryptocurrency information is stored in your Digital Wallet on your iPhone or Android, and not on a server.
- Nobody else can access or see your funds, without your permission.
- All cryptocurrency transactions are logged with a unique address consisting of numbers and letters on their own private blockchain.
- This ledger is private, and gives you peace of mind during transactions.
- The verification process, as well as the privacy and security measures ensure that all transactions secure.
Privacy
- No personal information is kept on the ledger whatsoever. Only the cryptocurrency addresses used in the transaction.
- Every transaction you send or receive is completely private between you and the other party.
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