Is OuYi a formal exchange? Is it safe?

Yes, Ouyi is a formal exchange with guaranteed security. It has a legal operating license and employs multiple layers of security measures including cold storage, multi-signature, KYC/AML procedures, professional security team and user education.

Ouyi is a formal exchange with guaranteed security

Formality

Ouyi is one of the world's leading cryptocurrency exchanges, headquartered in Singapore. It has legal operating licenses in multiple countries and regions, including:

• United States: Registered as a Money Services Business (MSB) by the U.S. Financial Crimes Enforcement Network (FinCEN)
• Japan: Certified by the Japan Financial Services Agency (FSA) For crypto-asset exchanges
• Australia: Regulated by the Australian Transaction Reports and Analysis Center (AUSTRAC)

Security

Oyi uses multiple layers of security measures to protect user assets, including:

• Cold storage: The vast majority of cryptocurrency assets are stored in offline cold wallets to prevent hackers.
• Multi-Signature: Withdrawals and key operations require multiple signature authorization.
• KYC/AML Procedures: Oyi has implemented strict Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures to prevent fraud and money laundering.
• Professional Security Team: OUYI has a dedicated security team that continuously monitors and improves its security measures.
• User Education: OUYI provides user education materials on best security practices to help users protect their assets.

Conclusion

Oyi is a formal cryptocurrency exchange with guaranteed security. It has a legal operating license and uses multiple layers of security measures to protect user assets, making it a reliable platform for cryptocurrency trading.

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