Security - Cross Finance

Smart Contract Security

We use the most advanced, world-class security technology to provide blockchain data security at every step. Decentralization, strong encryption, fraud protection, and all necessary security audits form the core of the CrossFi operational model and processes for the protection of your funds and data.

Web3 Wallet Security

This is the first time you are using a bank processor connected directly to your Metamask. Pay in XFI directly from your virtual or physical CrossFi card with web3 wallet security, transfer coins online without fee to CrossFi users by phone number to their secure wallet, and withdraw crypto to cash in any ATM worldwide. It’s that simple.

PCI DSS Compliant

CrossFi follows and complies with strict standards to ensure the confidentiality world-class of any cardholder data. CrossFi meets absolutely all PCI DSS Compliant requirements.

Strong Encryption

We fight fraudulent transactions with AI and advanced technologies thanks to strong encryption and secured blockchain security. We store all your data in a safe, encrypted form, available for viewing only by you.

KYC Verification

We use the most advanced data processing technology. Artificial intelligence scans your documents and decides on registration - your documents and all personal data are securely protected and not transferred to third persons. KYC Verification and fraud protection help to minimize the risks to the account being verified and provide a safe space for every СrossFi user.

Licenses and Certifications

Crypto License

Cross Finance is a fully licensed company regulated under EU jurisdiction. We have obtained and regularly updated all necessary security audits documentation and crypto license for end-to-end operations, partnerships, and your 100% safety.

Security Audits

CrossFi blockchain security solutions and XFI are fully audited technical innovations. The security audit information is available on open sources and updated regularly. Also, CrossFi implements cutting-edge security processes alongside all value chains.

CrossFi Partners

Stay Protected with CrossFi

More than 20 years of experience in the fiat world paired with 10 years in crypto.

It allowed the CrossFi team to truly build a crypto-to-fiat bridge – a fully-fledged web3 banking with a crypto license and strong anti fraud system. We are here to keep you stay protected and to help you 24/7.

How does a block of data on a blockchain get locked?

A block of data on a blockchain gets "locked" through a process called “mining,” which involves transaction creation, block formation, and validation via a consensus mechanism. Users create transactions that are collected in a pool. Miners or validators then select transactions to form a new block. In PoW, miners solve a complex mathematical puzzle to add the block, while in PoS, validators are chosen based on their staked cryptocurrency.

What is KYC verification?

KYC verification is a process utilized by financial institutions and other regulated entities to authenticate the identity of their clients for fraud protection, money laundering, and other illegal activities. The process typically involves several steps: clients must provide valid kyc verification documents (such as a passport or driver's license) and proof of address (like a utility bill or bank statement).

What is a security in crypto?

A security in crypto is a digital asset that satisfies the criteria established by financial regulations, often determined through the Howey Test. According to this test, an asset is classified as a security if it involves an investment of money in a common venture with an expectation of profit derived from the efforts of others during a crypto audit, for example.

What is blockchain security?

Blockchain security refers to the measures and protocols implemented to safeguard a blockchain network's integrity, availability, and confidentiality. This involves using cryptographic techniques, such as hash functions and digital signatures, to secure wallet, transactions and data. Consensus mechanisms validate transactions and prevent double spending, while the decentralized nature of blockchain reduces the risk of a single point of failure.

Is blockchain wallet safe?

A blockchain wallet safe largely depends on protecting its private keys, with hardware safety wallets offering high security by storing keys offline. Strong, unique passwords and enabling two-factor authentication (2FA) add extra layers of protection. Regular updates, avoiding phishing attacks, anti fraud system and using wallets from reputable providers further enhance security.

*Cards are issued only in Hong Kong with other jurisdictions available upon further notice. All cards issued are available for use globally where the card network is accepted.

Security Technology