Z-Pay: reliability and security

Security in the cryptocurrency market has been and will be the main advantage of platforms, services, exchanges that provide users with services related to digital currencies.

Unfortunately, many people do not pay due attention to this subject, and as a result, news about hacking and theft of funds appear regularly.

If the platform does not have a reserve that will go to compensate for the theft, then the probability of termination of activities increases significantly.

Often it is users who have to pay for flaws in the service's security system.

Recent events

If you do not take into account the major events of recent years (MtGox, BTC-e, etc.), today cryptocurrency platforms face the risk of hacks and theft of funds.

Even new trends in the market (for example, DeFi), which must take into account the experience of previous generations, are not always able to withstand external threats and ensure the safety of users' funds for 100%.

In April 2020 unknown persons attacked Uniswap decentralized exchange and stole $ 25 million.
Last week everyone witnessed how Harvest Finance DeFi protocol lost $ 25 million due to a hacker attack.

Yarn Finance project lost $15 million because of a security error.

No doubt, there will be more such examples.

You need to be careful when choosing platforms / services which you plan to use, especially if you want to store, buy and sell digital assets.

Not all famous platforms really guarantee you the reliability and safety of funds. Therefore, attention should be paid to those projects that really improve the security system and, in the event of unforeseen situations, will protect your funds.

Z-Pay is ideal for those who appreciate security and reliability.

Z-Pay security

Z-Pay means 100% secure and confidential payments.

We use advanced solutions to comprehensively counter complex threats and targeted attacks.

Z-Pay cheque

Let’s analyze as an example a Z-Pay cheque.

We use a cheque with a 35 numbers, which provides access to the funds deposited on the cheque. It will take a lot of time to guess the number.

For example, the system issues us such a cheque: 5557 1002 1661 - 7176 7119 8278 7054 8996 050

!!!!! Be sure to save the number.

To prove this, we will use one of the special services designed to determine the time to guess the password (in our case, the cheque number):

Conclusion: infinity.

Additional protection is the password for Z-Pay cheque. To do this, you need to click on "Protect cheque"

We set a password and increase the level of protection.

What about securing your Z-Pay personal account

Z-Pay account

A password is required to enter your personal account. We recommend creating a complex password that will be impossible to guess using brute force (brute force enumeration of all possible combinations).

I.e 123456789 or qwertyuiop are not advisable.

Be sure to install 2-factor authentication, which will significantly increase the security of your account.

To do this, click on the icon in the upper right corner:

Look for the section 2-factor authentication (2FA settings).

Then scan the QR code through a special application. The app is available on Google play and the App Store.

With a 6-digit code, which is updated every 30 seconds, you will protect and make your account almost impregnable.

Often attackers, noticing that an account is protected by 2FA, abandon all hacking attempts, because it takes a lot of efforts.

Improved protection

Z-Pay pays much attention to security. We are 2 years on the market and there has not been a single case when a client lost funds.

That means a lot.

We collaborate with several companies and highly qualified specialists who conduct Z-Pay security audits and assess the level of protection.

Moreover, Z-Pay offers monetary rewards for looking for "holes and flaws" in the security system. No one has yet been able to find at least one bug that could lead to a system failure.

Z-Pay recommendations

In conclusion, we offer the following recommendations to ensure the safety of your funds:

• Save the Z-Pay() site in a browser bookmark and enter the personal account in such a way as not to run into a phishing site
• Check the website URL carefully before entering your login, password and 2FA
• When interacting with your personal account, try not to use third-party WiFi networks
• Do not install untested software (updates, etc.)
• Create complex passwords and do not use the same password on the same sites
• Keep passwords out of reach of other people
• Use paper media or separate flash drives with a password
• Create multiple copies of passwords in case you lose one of them
• Use 2FA
• If the password is saved electronically, we recommend using the encoding

There is never too much security. Especially from Z-Payservices.