New Security Features on CoinLoan

When using crypto-related services, security is one of the most critical concerns. That’s why we’re continually working to keep your account and your funds as safe as possible. At the height of June, we have a couple of security-first updates we want to tell you about.

Freeze Your Account in Seconds to Protect It

Freezing prevents the account from being used, which means that no one will be able to log on, transfer assets, use CoinLoan services, etc. For unfreeze, you can always reach our support team.

Withdrawal Hold After You Change Security Settings

The triggers of a withdrawal hold are:

  • Password change
  • Password reset
  • 2FA deactivation

During a hold, withdrawals can’t be requested. After 24 hours, withdrawals will be enabled automatically.

Quick Reminder on Session Security

To see your active sessions, open Account Settings on a Sessions tab. On this page, you can see the list of actual sessions along with details of IP addresses, location, and duration of sessions. You can terminate your extra sessions in one click.

We recommend inspecting the page regularly to sign out all other active sessions. Your session terminates automatically after the change of IP address.

Keep an eye out for other bits of information in the coming weeks. Until next time, stay safe out there!

💫 CoinLoan is a universal platform for crypto and fiat assets. We help to keep your assets safe and manage them from one dashboard.

💡First time here? Visit our home page and get to know the CoinLoan lending platform a little better.

Originally published at https://blog.coinloan.io on June 18, 2020.

CoinLoan is a Crypto Lending Platform