On June 25, 2025, BitDa, a global leader in crypto asset derivatives trading, officially announced the launch of its User Risk Protection Fund, with an initial capital injection exceeding $10 million. The fund is designed to provide a higher level of asset security for platform users, especially by offering emergency support during extreme market conditions or unexpected risk events.
Ola Lind, CEO of BitDa, commented:
"Amid the growing uncertainty in global financial markets, concerns about digital asset security have reached unprecedented levels. The establishment of the Risk Protection Fund is not only a financial safeguard mechanism, but also a firm commitment to every BitDa user. Moving forward, we will continue to expand the fund’s size to build a more secure, stable, and sustainable trading ecosystem."
Why Do We Need a Risk Protection Fund?
The BitDa User Risk Protection Fund is designed to offer an additional layer of financial security for users. Beyond the platform’s own reserves, the fund operates independently with a transparent governance structure, and is dedicated to covering user losses resulting from incidents not caused by user error.
If a user suffers asset losses due to events such as cyberattacks, system malfunctions, or other unforeseen incidents—and meets the eligibility criteria—they may apply for compensation from the fund. BitDa will review and process each case according to established procedures.
User Asset Security: Our Top Priority
BitDa is committed to building the most secure crypto trading platform in the world. The company has obtained regulatory licenses in multiple countries, including the United States, Canada, and Australia. It employs multi-signature cold wallet management, an AI-powered risk control system, bank-grade data encryption, and multi-factor authentication to comprehensively safeguard user assets.
Currently, the platform has surpassed 800,000 active users and records a daily trading volume exceeding $2 billion, maintaining its leading position in the global crypto derivatives trading market.
📌 Learn more about the Risk Protection Fund:
👉 https://www.bitda.com/risk-fund