Accounts and Authentication

 

- Nuri uses a state of the art accounts system. Users are required to set a strong password and can enable Two-Factor-Authentication (2FA)

 

- You need to enter a mTan code that is sent to your registered mobile number to execute a fiat transfer and to change account information, such as your registered mobile number

 

- You need to use your wallet password (different to your account password) to confirm cryptocurrency transactions

 

Your cryptocurrency funds

 

- You own your private keys meaning that Nuri never has access to your cryptocurrency. Our multi-signature setup was chosen specifically for security and usability.

 

Your fiat funds

 

- Nuri is obliged to provide a very high level of security. Your deposits on the bank account are guaranteed up to €100,000 by the Compensation Scheme of German Banks (EdB). Virtual currencies are not included in the compensation scheme.

 

European Data Protection Standards

 

- Our databases and services are hosted in Germany. All of our service providers are compliant with the General Data Protection Regulation (GDPR) and the Federal Data Protection Act (Bundesdatenschutzgesetz). To learn more about the GDPR, take a look at this page.

 

- Nuri has a designated Data Protection Officer (DPO) who ensures that Nuri follows the best standards.