Security Comes First. Always.

Our success depends on keeping your assets safe

Institutional-Grade Security:
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PCI DSS & SOC 2 Compliant Custody

We maintain our own PCI DSS / SOC 2 compliant facility for the storage of your assets. No crypto assets are stored in any cloud service providers. No cloud employees have access to our secure asset storage servers. Multiple Signature technology is utilized from the moment you make your deposit, and we only keep our own funds in our hot wallet until you request a withdrawal.

How We Secure and Manage Your Funds
All the funds in our custody are held in warm and cold wallets. Those wallets are our reserves. Then we periodically move small amounts to the hot wallet to process withdrawals.
Transparent Quarterly Proof of Liabilities
We publish reports containing anonymized data on all user account holdings every quarter. Users can cryptographically verify and attest that their balances are accurately represented in the report. Anyone can add up those balances to determine our liabilities.
Proof of Full Backing
By comparing reserves and liabilities, the community can confirm that our liabilities are fully backed by our reserves, and we do not operate as a fractional exchange.

Every User Can Verify. Every User Has a Voice

If a single user finds out that we haven’t included their particular balance in the report, they can publicly call us out.

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Technology We Use

IPS / IDS | Database Encryption |  HTTPS / VPN | Log Alerting | Security Training | Penetration Testing | Multi-Signature Wallets | Web Application Firewall | CDN | Systems Monitoring | UNIX O/S | Storage Encryption |  Vulnerability Scanning | Two-(or more)-Factor Authentication | Egress Firewalls |
Network Segregation | Bare Metal Hardware | Proven Permissions Management | Kernel Auditing

Why BlocPalX?

Many modern exchanges were built and launched in a hurry, depending on insecure bleeding edge cloud technology to provide all the services.We have taken our time and paid special attention to building an exchange that uses time tested and proven technology to correctly handle the basics.

A Century of IT Knowledge

The IT team at BlocPal has over a century of collective experience in securely building and protecting internet applications. With roots in Military Communications, Banking, Datacenter Operations, Credit Cards, and Crypto processing, our team has been hand picked to deliver on our security promise.

In Crypto, Bare Metal is Key

A primary tenant of information security is the reduction of your attack surface. So if your crypto keys are stored in a cloud provider, you’ve already failed. You’ve opened yourself up to hypervisor holes, potential root kits pre-built into your operating systems, traffic sniffing by rogue actors, and the entire IT staff of the cloud provider having access to your system internals.