Security is the cornerstone of NDAX®'s operations. In an industry where cyber threats are ever-present, NDAX® employs a multi-layered approach to protect its users' funds and data.Cold Storage: The vast majority of digital assets held by NDAX® are stored in cold wallets, which are offline and therefore immune to online hacking attempts. Only a small portion of assets required for day-to-day trading is kept in hot wallets, which are protected by advanced security measures.Two-Factor Authentication (2FA): NDAX® mandates 2FA for all user accounts. This extra layer of security ensures that even if a user's password is compromised, unauthorized access is still thwarted.Insurance: NDAX® offers insurance on digital assets held in cold storage, providing an added layer of security and peace of mind for its users.Regular Security Audits: The platform undergoes regular security audits conducted by third-party firms. These audits help identify and rectify potential vulnerabilities, ensuring that NDAX®'s security measures are always up to date.ISO Certification: NDAX® is one of the few crypto exchanges in Canada to hold an ISO/IEC 27001:2013 certification, which is a testament to its commitment to information security management.