On June 25, the digital asset trading platform BitDa announced the establishment of a user risk protection fund, with the first phase exceeding $10 million. This fund is designed to protect user assets in extreme market conditions. This significant milestone not only reflects BitDa's outstanding capabilities in asset security management but also builds a strong safety net for over 800,000 users worldwide.

User Asset Security: Solid Reserve Guarantee

BitDa always prioritizes user asset security. The platform ensures that all user funds are backed by 100% reserves through strict risk management and multiple security technologies. Even in extreme market fluctuations or hacker attack risks, users can withdraw their assets instantly and worry-free. The reserve of over 10 million USDT not only provides a strong backing for platform operations but also demonstrates BitDa's high commitment to the safety of customer funds.

BitDa CEO Ola Lind stated:

"In the current context of increasing uncertainty in the global financial markets, user concern for asset security has reached unprecedented heights. The establishment of the user risk protection fund by BitDa is not only a financial security mechanism but also a reflection of our commitment to every user. We firmly believe that a trustworthy trading platform must be based on a strong risk control system and sufficient reserves. In the future, we will continue to expand the fund size to build a truly sustainable and predictable safe trading ecosystem."

BitDa Risk Protection Fund page address: https://www.bitda.com/risk-fund

Bank-Level Security System

BitDa employs leading multi-layer security technologies to ensure the absolute safety of reserves and user assets: most funds are stored in multi-signature cold wallets, with only necessary liquid funds kept in hot wallets, equipped with real-time monitoring and rapid response systems; additionally, the platform provides multiple account protections such as two-step verification, anti-phishing codes, and IP address whitelisting; furthermore, advanced distributed architecture and AES-256 encryption technology are used to ensure the security of all sensitive data; combined with an AI-driven intelligent risk control system that operates around the clock, it automatically monitors and responds to abnormal trading behaviors, effectively preventing risks.

Global Compliance Operations and Excellent Service

BitDa is supported by top blockchain institutions in Japan, Singapore, and holds compliance licenses in multiple countries including the United States, Canada, and Australia, providing safe, efficient, and convenient digital asset services to over 800,000 users worldwide. Ola Lind stated, "Only through continuous technological innovation, strict compliance management, and comprehensive security protection can we earn the trust and support of users. The company will continue to increase investment, collaborating with top global institutions to jointly promote the digital asset industry towards a safer, more transparent, and regulated direction, building a trustworthy trading environment for global users."

About BitDa

BitDa Exchange was established in 2023 in Singapore, backed by a $100 million investment from top institutions in Singapore. It is dedicated to providing safe, efficient, and convenient cryptocurrency services to global users, including spot trading, contract trading, wealth management, and more. It has already obtained compliance licenses in the United States, Canada, and Australia, with a user risk protection fund exceeding $10 million. The core members of BitDa Exchange come from top global technology financial companies and exchanges, with over 10 years of experience in the blockchain industry. The international management team includes members from Singapore, Japan, and South Korea, providing support for the platform's global development with an international perspective and cooperation network. As of May 2025, BitDa has over 800,000 active users, with daily trading volume exceeding $2 billion.

For more information, please visit: www.Bitda.com

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