Today, we are rolling out a new anti-phishing email feature for the Exchange, to help protect Exchange users against phishing attempts. Quick and easy, users can set up a personalized and recognizable code that will be displayed in all legitimate emails sent to users from Exchange.

Email phishing has become common on crypto platforms and in the financial services sector in general. Typical attacks involve hackers sending misleading emails disguised to look like legitimate emails sent by a bank to its customers to “phish” for personal information, such as credit card numbers or passwords. To put things into perspective, the UK government’s recently established Suspicious Email Reporting Service reported over half a million reported scams involving cryptocurrency investment lures in this April and May alone.

The anti-phishing email feature helps reinforce our Defense in Depth approach. With this new feature, we are looking forward to helping our users transact with improved security and peace of mind.

Here is how to set up your Anti-Phishing Code:

We recommend updating the code every 30 days. For more details, please visit our Help Centre.

Stay tuned for this feature to be implemented on the App!