At BVNK, we ensure all customer crypto assets are tracked separately and securely within our internal ledger systems.
Importantly, we never commingle funds. This means our corporate funds are always maintained separately from customer funds, ensuring the integrity and security of crypto assets.
We have a ‘like-for-like’ storage policy. This means we keep the exact type and amount of cryptocurrency that you deposit, as it is. For example, if you deposit 1 bitcoin, we store 1 bitcoin. We do not convert or change the form of the crypto assets. This approach reduces the risks associated with exchange rate fluctuations and currency conversion.
This layered approach to security, combining segregation in our ledger, never commingling funds, and like-for-like storage, provides maximum protection and transparency for customer crypto assets.