Safeguarding and Segregation of Bitcoin
In addition to the high technical security standards used to for the custody of Bitcoin at 21bitcoin, there are also a number of internal processes and security measures that Clients can rely on.
The segregation of Client’s Bitcoin from 21bitcoin’s own Bitcoin is a strict requirement and essential in order to protect Client Bitcoin and Clients' (ownership) rights thereto. Client Bitcoin are both legally and operationally segregated.
Therefore, our Client’s' Bitcoin is stored in specially designated cold storage wallets managed by our partner BitGo Europe.
For more information on the custody of Bitcoin, visit the article “Storing your Bitcoin”.
Safeguarding and Segregation of funds
All funds deposited to 21bitcoin via bank transfer are securely managed by our banking partner, Volksbank Raiffeisenbank Bayern Mitte eG in Germany.
Here, too, there is a strict segregation of customer funds and funds belonging to 21bitcoin.
