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Generally, hot wallets are crypto-exchanges main vulnerabilities; however, this is not the case with CoinLoan.
As a security expert, Max Sapelov has created a simple rule:
“If the system can process crypto-withdrawals automatically, then it’s vulnerable to hacks — without exception.”
Due to this principle, they are not storing any private keys on network-connected devices, and that is the reason why
they are processing all the withdrawals manually. Even though manual processing means that small processing delays
may occur, user security is their top priority.