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How Does Gunbot Ensure the Security of My Trades and Information?

· 3 min read

Security is just critical for automated trading, and Gunbot takes this responsibility seriously. Safeguarding your trades and personal information isn’t just a priority, it's a design choice since the very first version of Gunbot.

API Key Encryption

API keys are like the keys to a safe—they grant access to your exchange accounts and authorize trades. Recognizing the importance of these keys, Gunbot employs advanced encryption techniques to keep them secure. Your API secrets are not just encrypted; they are stored locally on your device, meaning they never leave your control. This approach drastically reduces the risk of unauthorized access or potential breaches.

Two-Factor Authentication (2FA)

Two-Factor Authentication (2FA) is one of the most effective ways to secure your account. With 2FA enabled, logging into Gunbot requires not just your password but also a unique code generated by your mobile device. This two-step verification process means that even if someone manages to get hold of your password, they’d still need your phone to gain access, making unauthorized access significantly more difficult.

Not a Cloud Service

One of Gunbot’s defining features is that it’s not a cloud service. This decision isn’t just about giving you control—it’s about minimizing risks. Cloud-based services, while convenient, present a centralized target for hackers. By operating directly from your own device, Gunbot eliminates this vulnerability. Your API secrets and strategies stay with you, untouched by the vulnerabilities that plague cloud services.

No User Data Collection

Privacy is another pillar of Gunbot’s security ethos. Unlike many platforms, Gunbot doesn’t collect data on how you use the tool. There’s no tracking, no telemetry, and no data harvesting happening behind the scenes. Your trading strategies and settings remain your business alone, free from external scrutiny or data breaches.

User Responsibilities

Of course, even the most robust security features rely on the user’s vigilance. You play a crucial role in keeping your account secure. This means safeguarding your API keys, choosing strong, unique passwords, and staying on top of your security settings. Remember, security is a shared responsibility—Gunbot provides the tools, but it’s up to you to use them wisely.

Conclusion

At Gunbot, security isn’t a checkbox; it’s an ongoing commitment to protecting your trading activities and personal information. We’re constantly refining our security measures to stay ahead of threats, but staying secure is also about staying informed and proactive. As you navigate the world of automated trading, rest assured that Gunbot is here to keep your trades safe, but don’t forget that the final piece of the puzzle is your own vigilance.