Celsius takes security very seriously and is always looking out for the safety of both your digital assets and your data. For that reason, you can rest assured that all the precautionary measures needed to protect you against cyber threats are put in place.
Celsius invests in end to end and layered security, combining the best cyber defense talent with unique and proven technologies such as MPC (Multi Party Computation) to provide top tier security and asset protection.
Celsius also works with Cyber Intelligence and Incident Response experts to provide defence, protection and security governance through ongoing risk assessment and 24-7 asset monitoring, threat mapping and advanced Data Protection & crypto protocols.
On top of that, Celsius has an additional security feature on the app called “HODL mode” which can be activated once your account is set up on the app which restricts withdrawals and we advise the activation of 2-factor authentication to protect your account.
However, circumstances may arise where losses or damages incur. In that event, we will use our balance sheet to cover damages.