NexPlace follows a security-first approach that combines institutional-grade custody infrastructure, user-level security controls, and integrated compliance tooling.
Platform controls (high level)
- Custody secured through MPC (Multi-Party Computation) wallet infrastructure.
- Integrated KYC/AML/KYT compliance monitoring.
- Withdrawal address approvals (whitelisting) to reduce the risk of unauthorized withdrawals.
- Ongoing oversight aligned with applicable regulatory frameworks.
What users should do (best practices)
- Enable 2FA.
- Set an anti‑phishing code.
- Use a strong, unique password and a password manager.
- Verify URLs and app store listings before signing in.
- Never share passwords, recovery phrases, or 2FA codes with anyone.
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