Are Bitcoin and Cryptocurrency Exchanges safe?

Exchanges that hold users' cryptocurrency are a target for hackers.

Did you know that more than $11 billion worth of crypto has been hacked or stolen since 2011?

Every year:

• On average 10 exchanges are hacked
• Most investors are unable to recover their funds after hacks

"Billions of dollars have been hacked and stolen from crypto exchanges"

Other ways exchanges can lose your crypto:

• Inability of exchanges to access crypto wallets when they lose wallet keys.
• Fraud and scams where exchange operators run away with their user's cryptocurrency

We do not hold your cryptocurrency

These events are why we have created this solution unique to Elbaite.
Elbaite is Australia’s first non-custodial cryptocurrency exchange which means we do not hold your Bitcoin.
Experience the security of buying and selling Bitcoin straight from your personal wallet.

Simply, there is no deposit or withdrawal process to access your Bitcoin. You can sell and buy Bitcoin directly to your hardware wallet, online wallet or any wallet of your choice!
This means that your Bitcoin is safely with you at all times!

Remember, not your keys, not your Bitcoin!