BloFin Harnesses Fireblocks to Provide Industry-Leading Security for Cold Wallets

BloFin,
a
cutting-edge
and
secure
cryptocurrency
centralized
exchange
(CEX),
is
proud
to
announce
its partnership
with
Fireblocks,
a
leader
in
digital
asset
security,
to
enhance
the
protection
of
user
assets
through
industry-leading
cold
wallet
technology.

As
a
crypto
exchange
offering
over
350
cryptocurrency
perpetual
contract
trading
pairs
and
more
than
250
spot
trading
pairs,
BloFin
is
dedicated
to
delivering
a
secure
and
user-friendly
trading
environment.
BloFin
has
prioritized
safety
and
compliance,
launching
its
exchange
in
January
2023.
With
a
commitment
to
providing
both
beginner-friendly
services
and
advanced
trading
tools
for
experienced
traders,
BloFin
has
set
itself
apart
as
a
trusted
platform
for
cryptocurrency
trading.

Strengthening
Security
Amidst
Industry
Challenges

From
day
one,
BloFin
utilized
Fireblocks’
secure
and
efficient
custody
solution.
Fireblocks
stood
out
for
its
exceptional
security
measures,
including
advanced
encryption
and
secure
hardware
components,
which
are
crucial
for
safeguarding
user
assets
stored
in
cold
wallets.
By
employing
Fireblocks,
BloFin
ensures
operational
efficiency
while
maintaining
the
highest
security
standards.

Fireblocks
significantly
enhance
BloFin’s
security
while
streamlining
cold
wallet
management,
enabling
secure
and
rapid
asset
transfers.
This
operational
efficiency
is
essential
for
meeting
the
dynamic
needs
of
our
users
in
the
ever-evolving
cryptocurrency
market.
The
robust
Fireblocks
infrastructure
empowers
BloFin
to
remain
at
the
forefront
of
market
trends,
ensuring
that
large
volumes
of
assets
are
protected
and
readily
accessible.
BloFin
is
committed
to
aligning
with
emerging
trends,
particularly
in
compliant
exchanges,
while
continuously
enhancing
the
offerings
to
foster
user
trust
and
satisfaction.

BloFin
advanced
trading
engine
delivers
superior
speed
and
reliability
with
new
system
upgrades

BloFin,
which
has
consistently
focused
on
providing
excellent
services
with
the
highest
efficiency
and
rapid
response
to
users
in
futures
trading.
In
line
with
the
high
standards
set
by
the
world’s
leading
exchanges,
BloFin
is proud
to
announce
this
technology
optimization.
The
integration
of
In-memory
Processing
and
the
Raft
Consensus
Algorithm
System
allows
for
quicker
execution
and
enhanced
response
times,
even
during
high-traffic
trading
moments.

About
BloFin
BloFin is
a
leading,
secure
cryptocurrency
centralized
exchange
(CEX)
with
over 350
USDT-M perpetual
contracts and 250 spot
pairs.
It
offers
a
platform
for
new
and
experienced
traders
to
thrive—where
whales
are
made.
Aside
from
derivatives
trading
products,
BloFin
now
provides
more
high-quality
services,
including
spot
trading,
copy
trading,
earning,
API,
demo
trading,
and
more. Featuring
a
user-friendly
interface
and
a
high-performance
trading
platform,
BloFin
ensures
high
liquidity,
competitive
pricing,
and
minimal
slippage.
Committed
to
user
security,
BloFin
partners
with Fireblocks for
asset
protection
and
insurance,
enhancing
compliance
and
security
with Chainalysis. 

Choose
BloFin
for
a
secure
and
top-performing
trading
experience.

BloFin
Website | Twitter | Instagram | Telegram

About
Fireblocks

Fireblocks is
an
easy-to-use
platform
for
creating
new
blockchain-based
products
and
managing
day-to-day
digital
asset
operations.
Exchanges,
banks,
PSPs,
lending
desks,
custodians,
trading
desks,
and
hedge
funds
can
securely
scale
their
digital
asset
operations
through
the
Fireblocks
Network
and
MPC-based
Wallet
Infrastructure.
Fireblocks
serves
thousands
of
organizations
in
the
financial,
payments,
and
Web3
space,
has
secured
the
transfer
of
over
$4
trillion
in
digital
assets
and
has
a
unique
insurance
policy
that
covers
assets
in
storage
and
transit.

Contact

Annio
Wu
Head
of
Marketing
and
Public
Relations
[email protected] 

Michal
Ferguson
Chief
Marketing
Officer

[email protected]

Disclaimer:
The
information
provided
in
this
press
release
is
not
a
solicitation
for
investment,
nor
is
it
intended
as
investment
advice,
financial
advice,
or
trading
advice.
It
is
strongly
recommended
you
practice
due
diligence,
including
consultation
with
a
professional
financial
advisor,
before
investing
in
or
trading
cryptocurrency
and
securities.