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Bybit Security Terms
2024-11-12 10:06:19
2024-11-12 10:06:19At Bybit, we are committed to providing a next level trading experience, with security at the core of our focus. Dedicated to the blockchain industry, we work closely with our trusted industry partners, policy makers and regulators around the world to shape a top-notch regulatory framework and contribute to a sustainable crypto world.
From the moment you start your crypto trading journey with Bybit, your security is our top priority. To deliver our promise, we utilize the most advanced security technologies and strict protocols to protect your privacy.
Here are the various measures we take to ensure your trading security:
Unprecendented Platform Security
1. Innovative Security Protocols and Leading Security Technologies
The Bybit platform, and therefore your data and funds, is safeguarded by innovative security protocols and strict standards of security specifications.
With innovative security protocols and the industry's leading security technologies in place, we've created a customizable and multi-dimensional system that monitors and safeguards your data and funds from every angle — including fund protection, privacy protection, data protection, real-time monitoring, risk control and user security alerts. We are convinced that we can never be too careful with user security. Only by steadfastly committing to updating and iterating our platform’s underlying technologies can we stay true to our security promise.
2. Asset Protection and Platform Security
Bybit stores the vast majority of user funds securely offline in cold wallets, protecting them from unauthorized access. A combination of advanced multi-signature, Trusted Execution Environment (TEE) and Threshold Signature Schemes (TSS) protects our wallets, safeguarding the security and integrity of our users' funds.
3. Privacy Protection
Strict security standards and measures are used to encrypt user data and protect user privacy from the moment you sign up for Bybit. Any use will be desensitized.
4. Data Protection
All data is classified and processed in a hierarchical manner. Highly sensitive data will be encrypted for better protection. End-to-end encryption ensures that only you can access and alter your data.
5. Real-Time Monitoring
From login to sensitive actions such as trading, withdrawal attempts, personal information changes, Bybit’s risk controls will monitor and analyze user behavior in real time. As soon as a suspicious activity is identified, withdrawals will be subject to strengthened authentication measures.
6. Organizational Protection
We provide infrastructure services for wallets and users with world-leading security measures such as multi-signature and TSS to ensure the security and integrity of our users' funds.
7. Advanced Encryption Solutions
By encrypting data both in storage and in transit, and using desensitized query interfaces, Bybit protects your privacy, including Know Your Customer (KYC) information. All access will be subject to strict authorization controls to ensure that only you have access to your personal information.
Best-in-Class User Security
1. Login Security
Bybit adopts strict login security protocols and embeds various security measures in the login process to guarantee security. These measures include human-computer authentication, two-factor authentication, hardware authentication, and encrypted data transmission.
2. Access Security
From user identity management, API access control, device management to suspicious behavior control, Bybit provides industry-leading security measures to ensure that users are always safe when visiting our website.
3. Security Notifications
You can further enhance email security by enabling anti-phishing codes. You will also be informed of account activities such as login, trading, and API addition in real time via email and SMS. Once you detect suspicious activities, you can block access of suspicious devices, making your account more secure.
4. Institutional Security
Institutional users will be supported by an independent team that provides 24/7 real-time security alerts. Bybit’s comprehensive and secure trading rules as well as failproof security strategies will help ensure a real-time and secure trading experience.
Our Contribution to Global Crypto Compliance
Bybit works with regulators and third parties to develop clear regulatory frameworks, guidelines and standards to shape the future of a compliant crypto world. Where regulations are yet to develop, we strive to take proactive steps to protect every user in accordance with global compliance standards. We continue to invest in compliance programs and working with leading compliance technology providers to stay ahead of the curve.
Our Compliance Partners
1. User Support and Security Awareness Program
In keeping with our commitment to user security, we work hard to combat cybercrimes, and to track down and recover users’ missing assets.
To further protect our users, we equip them with the knowledge and skills via Bybit Learn — a free user education program designed to help every Bybit trader better understand the crypto world and enjoy their crypto journey more securely.
2. All-Round Protection Against External Threats
We invest in professional security systems and develop experienced offensive and defensive teams. We work closely with security experts, renowned threat intelligence agencies and security auditors to defend against external threats. At the same time, we run bounty programs within the white hat community — fairly rewarding those who identify any potential security vulnerability, based on their business impact and overall severity.
Given our significant investment in security and rigorous risk management, Bybit has confidence in our promise that any form of security-related losses, except for those caused by user actions or negligence, will be fully compensated for.
For any inquiries regarding Bybit’s security terms, please contact Bybit’s live chat support — or send your request via this form.
From the moment you start your crypto trading journey with Bybit, your security is our top priority. To deliver our promise, we utilize the most advanced security technologies and strict protocols to protect your privacy.
Here are the various measures we take to ensure your trading security:
Unprecendented Platform Security
1. Innovative Security Protocols and Leading Security Technologies
The Bybit platform, and therefore your data and funds, is safeguarded by innovative security protocols and strict standards of security specifications.
With innovative security protocols and the industry's leading security technologies in place, we've created a customizable and multi-dimensional system that monitors and safeguards your data and funds from every angle — including fund protection, privacy protection, data protection, real-time monitoring, risk control and user security alerts. We are convinced that we can never be too careful with user security. Only by steadfastly committing to updating and iterating our platform’s underlying technologies can we stay true to our security promise.
2. Asset Protection and Platform Security
Bybit stores the vast majority of user funds securely offline in cold wallets, protecting them from unauthorized access. A combination of advanced multi-signature, Trusted Execution Environment (TEE) and Threshold Signature Schemes (TSS) protects our wallets, safeguarding the security and integrity of our users' funds.
3. Privacy Protection
Strict security standards and measures are used to encrypt user data and protect user privacy from the moment you sign up for Bybit. Any use will be desensitized.
4. Data Protection
All data is classified and processed in a hierarchical manner. Highly sensitive data will be encrypted for better protection. End-to-end encryption ensures that only you can access and alter your data.
5. Real-Time Monitoring
From login to sensitive actions such as trading, withdrawal attempts, personal information changes, Bybit’s risk controls will monitor and analyze user behavior in real time. As soon as a suspicious activity is identified, withdrawals will be subject to strengthened authentication measures.
6. Organizational Protection
We provide infrastructure services for wallets and users with world-leading security measures such as multi-signature and TSS to ensure the security and integrity of our users' funds.
7. Advanced Encryption Solutions
By encrypting data both in storage and in transit, and using desensitized query interfaces, Bybit protects your privacy, including Know Your Customer (KYC) information. All access will be subject to strict authorization controls to ensure that only you have access to your personal information.
Best-in-Class User Security
1. Login Security
Bybit adopts strict login security protocols and embeds various security measures in the login process to guarantee security. These measures include human-computer authentication, two-factor authentication, hardware authentication, and encrypted data transmission.
2. Access Security
From user identity management, API access control, device management to suspicious behavior control, Bybit provides industry-leading security measures to ensure that users are always safe when visiting our website.
3. Security Notifications
You can further enhance email security by enabling anti-phishing codes. You will also be informed of account activities such as login, trading, and API addition in real time via email and SMS. Once you detect suspicious activities, you can block access of suspicious devices, making your account more secure.
4. Institutional Security
Institutional users will be supported by an independent team that provides 24/7 real-time security alerts. Bybit’s comprehensive and secure trading rules as well as failproof security strategies will help ensure a real-time and secure trading experience.
Our Contribution to Global Crypto Compliance
Bybit works with regulators and third parties to develop clear regulatory frameworks, guidelines and standards to shape the future of a compliant crypto world. Where regulations are yet to develop, we strive to take proactive steps to protect every user in accordance with global compliance standards. We continue to invest in compliance programs and working with leading compliance technology providers to stay ahead of the curve.
Our Compliance Partners
1. User Support and Security Awareness Program
In keeping with our commitment to user security, we work hard to combat cybercrimes, and to track down and recover users’ missing assets.
To further protect our users, we equip them with the knowledge and skills via Bybit Learn — a free user education program designed to help every Bybit trader better understand the crypto world and enjoy their crypto journey more securely.
2. All-Round Protection Against External Threats
We invest in professional security systems and develop experienced offensive and defensive teams. We work closely with security experts, renowned threat intelligence agencies and security auditors to defend against external threats. At the same time, we run bounty programs within the white hat community — fairly rewarding those who identify any potential security vulnerability, based on their business impact and overall severity.
Given our significant investment in security and rigorous risk management, Bybit has confidence in our promise that any form of security-related losses, except for those caused by user actions or negligence, will be fully compensated for.
For any inquiries regarding Bybit’s security terms, please contact Bybit’s live chat support — or send your request via this form.
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