Firstly, Mudrex Wallet is powered by Binance. Mudrex uses Institutional grade infrastructure to keep your assets secure. We have separate hot/warm/cold wallets for storage and transaction. We have also partnered with Binance Institutional custody. As a part of this custody we are eligible for a $100Mn dedicated insurance for Binance Institutional Clients + a mammoth ~$1 Bn SAFU insurance fund.
Moreover, Mudrex stores all important information using bank-level AES-256 encryption. All API traffic is secured, goes through SSL, and uses TLS 1.2 to prevent third parties from eavesdropping on your connection. So rest assured your funds are safe and your transactions are highly secure.
To bolster the safety and security of user funds, Mudrex works with insured custodians who partner with Lloyds of London for insurance coverage, offering an additional layer of protection for our users' assets.
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