BitDa has established a user risk protection fund, with the first phase exceeding $10 million

Odaily Planet Daily News: BitDa announced the official establishment of a User Risk Protection Fund, with an initial scale of over $10 million, to provide security for user assets in extreme market environments. BitDa CEO Ola Lind stated, "Against the backdrop of increasing global financial market uncertainty, users' attention to asset security has reached an unprecedented level. The establishment of the User Risk Protection Fund by BitDa is not only a financial protection mechanism, but also a manifestation of our commitment to every user. We will continue to expand the fund size in the future. ” BitDa has obtained compliance licenses from multiple countries including the United States, Canada, and Australia, and has a bank level security architecture such as cold wallet multi signature and intelligent risk control, providing protection for user transactions and asset security. At present, the platform has over 800000 active users and daily transaction volume has exceeded 2 billion US dollars.