Security overview

1 min. readlast update: 02.11.2026

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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