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is your money safe on FTX yes your money is safe on FTX the exchange takes security seriously with features such as two-factor authentication cold storage and insurance against hacks FTX also regularly conducts security Audits and maintains a bug Bounty program to ensure the platform remains secure in the unlikely event of a hack ftxamp;#39;s insurance policy covers user funds up to 100 million dollars overall FTX is a trustworthy exchange for trading cryptocurrencies