Platform security features
How the Binaryx platform keeps your investment safe
Last updated
How the Binaryx platform keeps your investment safe
Last updated
At Binaryx, we know how important security is when managing your investments. That’s why we combine powerful blockchain technology with easy-to-use security features to protect your assets and give you peace of mind.
Blockchain is the foundation of how we keep your investments safe. Think of it as a digital record book that’s:
Open and Clear: Every transaction is recorded where everyone can see it, making it nearly impossible to fake. At the same time, your details stay private.
Shared Across Many Locations: Instead of storing data in one place (which could be hacked), blockchain spreads it across a network, making it much harder for anyone to mess with.
Unchangeable: Once a transaction or ownership record is added, it can’t be changed or deleted. This ensures that your property ownership stays secure and free from disputes.
In short, blockchain keeps everything transparent, reliable, and protected—perfect for managing investments like tokenized real estate.
While blockchain is incredibly secure, Binaryx takes it a step further with extra tools and features to keep you and your investments safe:
One-Time Passwords (OTP): Instead of using the same password every time, we send you a single-use code for extra protection when you log in.
Two-Factor Authentication (2FA): You can add an extra security step—like confirming with your phone—to make sure only you can access your account.
Verified Wallets: Tokens can only be sent to wallets that are verified, so even if someone gets access to your account, they can’t move your funds.
Web3 Wallets: Users can connect their existing Web3 wallets, such as MetaMask, to directly manage their tokens without intermediaries. This approach ensures complete ownership and control.
MagicLink Wallets: For users who prefer a simpler setup, Binaryx creates wallets via MagicLink. These wallets are securely stored on decentralized servers, leveraging cryptographic technology. Users can seamlessly transfer their MagicLink wallet to a Web3 wallet by exporting the private key through their account settings.
Multisig Wallets: Transactions on the platform require signatures from multiple individuals in different locations. This applies to transactions made from a smart contract (e.g., money is transferred to a real estate developer or seller). Unlike standard wallets, which rely on a single key, a Multisig wallet enhances security by dividing control across multiple parties or devices. This makes unauthorized transactions significantly harder to execute.
DDoS Atack-Proof: Binary Platform uses Cloudflare service for improved security, accelerated app performance and resilience to different types of attacks.
Audited Smart Contracts: Binaryx’s contracts undergo rigorous third-party audits, achieving high-security ratings. Check the full audit breakdown via the link.
24/7 Support: Our dedicated team is available around the clock to address user concerns promptly.
At Binaryx, our mission goes beyond securing your assets—we aim to give you peace of mind. From leveraging cutting-edge blockchain technology to implementing user-friendly security measures, we’re setting the standard for trust and transparency in digital investments.
Our goal isn’t just to protect your investments—it’s to give you a secure, easy-to-use experience that builds trust at every step. Whether you’re new to blockchain or already comfortable with digital assets, Binaryx makes security simple and effective.
