Security at Wallex
At Wallex, your assets are safe
Minimal Counterparty Risk
The Counterparty Wallex
Founded in 2020, Wallex is Asset, Digital Asset and technology provider and market leader. Wallex is the bridge between real asset and digital asset ecosystem, is a driving force in the development of the New Financial Services.
Wallex is a regulated financial institution and subject to the rules according AML (anti-money laundering) directive.
Trading on Wallex Online
As a service providor, Wallex trades over the largest exchanges globally to find the most advantageous order execution for our clients.
Compared to trading on a single exchange, we provide “Best Execution” for your trades across the most reputable exchanges globally. This means, that we will select one or more exchanges that provide you with a combination of the best possible market price, liquidity and speed of execution – guaranteed by us.
We take over the risk of dealing with exchanges for you, so you can trade worry-free.
User Account Protection
Wallex applies the required physical, technical and procedural standards for safekeeping and trading crypto assets. It follows industry best practices, such as:
Two-Factor Authentication (2FA) for Account Login
To guarantee safety of your account, we enforce time-based 2-factor authentication using mobile applications such as Google Authenticator. This means that in addition to your username and password, you will enter a code from your authenticator app on your mobile phone, adding an extra layer of security for your account.
Additional Two-Factor Authentication (2FA) for Account Withdrawals
All account withdrawals have to be confirmed by entering two-factor authentication and e-mail.
Data Security & Privacy
Wallex adheres to industry best practices. We take all reasonable technical and organizational security measures to protect your stored data against manipulation, loss, or unauthorized third-party access. We also take internal data privacy very seriously. Our employees and service providers are required to maintain secrecy and to comply with the applicable data protection legislation.