VTBDex – Special Security Announcement – How We Keep Your Money Safe
Security Report
Date: November 15th, 2022
Available at https://vtbdex.com/
VTBDex – Special Security Announcement – How We Keep Your Money Safe
Dear VTBCommunity members,
From the moment the VTBCommunity Foundation was established a year ago, we took into account the massive challenges that financial technologies face in regulatory compliance and customer protection.
We remain true to our values and core objectives, as established in our White Paper, to bring about the transformative financial solutions that our organization can offer with world-class security measures to keep our members’ assets safe at all times.
We are entirely focused on building a community for the long term and have done so through a platform centered on members buying VTBC at will.
For this reason, we focus on the following key aspects that the VTBCommunity offers:
- VTBCommunity and VTBDex leverage the security that blockchain technology offers, providing an unchangeable registry infrastructure characterized by distributed ledgers with transparency that is verifiable and accountable at all times.
- VTBCommunity provides its solutions apart from any other cryptocurrency’s volatility. This is why VTBC keeps growing in value in contrast with other cryptos.
- VTBCommunity is not linked in any way with FTX or Alameda.
- VTBCommunity Members are not in danger of losing access to their funds, as these are solely owned by their users and will always remain in their full custody. Although VTBDex is a more complicated exchange platform & less user-friendly compared to other exchanges, users are and will always be in full control of their wallets and private keys.
- VTBCommunity does not lend or leverage any crypto within the system including deposits, VTBC, and VTBT.
- VTBDex only works with cryptocurrencies that we consider secure, which is why we limit the types of trading pairs to specific tokens. (EOS, Ethereum, USDT, and we are currently working on adding USDC & Bitcoin).
- VTBCommunity Foundation is appropriately funded and stable.
- VTBCommunity has mandated in the Foundation Rules and Charter that an annual financial audit is required.
VTBCommunity continues to optimize the infrastructure of the VTBDex to make it more efficient for our members. We remain congruent with our core belief that VTBC will bring about a positive financial impact on society and that the future of our technology is and will keep thriving worldwide.
As always, we are grateful to our members for their continued support to make the VTBCommunity a success.
Best regards,
The VTBCommunity Foundation