Globiance has been designed from inception to
incorporate all regulations and obtain the proper licensing. Globiance remains up-to-date and in
full compliance with the laws and requirements of individual regions and markets.
| OLD | NEW | |
|---|---|---|
| TOTAL users refunded | 45.78% | → 46.01% |
| HK users refunded | → 100.00% | |
| SG users refunded | → 100.00% | |
| BR users refunded | → 100.00% | |
| AU users refunded | → 90.17% | |
| JP users refunded | → 39.15% |
Globiance acts as a *temporary* custodian of crypto assets on behalf of the user. However, sole ownership and control of crypto assets always remains with the holder. Globiance ensures 100% asset protection when utilizing the Globiance platform.
Fiat currencies are deposited in financial institutions for security purposes. This protects the fiat currency from theft or loss, while at the same time allowing the currency to be easily accessed by account holders when needed.
Globiance holds only
small amounts of assets in hot (online) wallets, at any given time. Incoming funds are moved
and stored offline in a secure cold wallet (completely inaccessible to hackers), providing
even greater asset protection. In addition, any assets held in hot wallets are 100% secure -
guaranteed.
GLOBIANCE - 100% Insured Hot Wallets
Globiance utilizes hardware
wallets in addition to special ‘multisig offline wallets’ to secure all cryptocurrency
holdings. Hardware wallets are physical devices that store the user's private keys and allow
users to sign transactions offline - whereas Multisig (multi-signature) wallets require
multiple signatures to approve a transaction, adding an extra layer of security.
The
cold wallets used by Globiance are stored offline and cannot be accessed by an online
connection at any time. This extra security measure prevents hackers from accessing wallets
while keeping assets secured 24/7.
GLOBIANCE
GUARANTEE
Hot Wallet Security guarantee - All assets stored on the Globiance
Platform in ‘Hot wallets’ are 100% secured and backed by Guarantee. In the event of
‘loss of funds’ Globiance guarantees a 100% full replacement. Crypto assets are
always 100% guaranteed safe and secure on the Globiance Platform.
AVAILABILITY
Your assets are always 100% available to you. We never lend your
assets to anyone, so you can always access them when you need them.
A payments team manually processes withdrawals
using several checkpoints. The withdrawal process is somewhat slower than other
exchanges as it is stored in wallets that are not connected online. This system is
designed to minimize risk and protect client assets.
The majority of Globiance
users appreciate the extra security and understand the increased withdrawal processing
time.
Globiance's team of experts manually reviews withdrawals - a security
measure that other exchanges lack. News reports regarding hacks at major exchanges are
all too common these days and Globiance clients appreciate the extra effort spent to
ensure asset protection.
In general, most withdrawals are processed within one hour however, larger withdrawal amounts can take up to 24 hours to be fully processed.
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payments using Globiance Payment Solutions.
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