Care Fund is part of a broader approach by Bitunix to protect users' assets. This exchange does not rely on a single measure; instead, it combines custody arrangements, account security controls, penetration testing, user insurance, reserve certifications (Proof of Reserves), as well as a special fund for dealing with exceptional events.
These measures each have different purposes. Hosting arrangements help to ensure asset security, reserve proofs support the verification of asset holding situations, while Care Fund provides a special reserve that can be used to handle losses for eligible users in case of emergencies.
Bitunix indicates that this $50 million fund is already sufficient to cover the full value of its hot wallet. Hot wallets are connected to the internet and are used to support transactions and withdrawals. If the exchange encounters a special event, maintaining a reserve that can cover the full value of the hot wallet will provide an additional layer of protection.
Bitunix also indicates that it is different from those traders who develop and manage their own wallet infrastructure. This exchange collaborates with established third-party hosting service providers, including Fireblocks and Cobo, to support the secure storage and management of digital assets.
Both service providers use multi-party computation ( MPC ) technology. Each private key is split into independent shares, so no single key can transfer a user's funds on its own. A considerable portion of users' assets is also stored in offline cold storage.
Above this system, Care Fund exists as an additional safeguard. It covers extreme situations that cannot be completely eliminated by mere hosting control measures alone. Care Fund is not a substitute for secure hosting or other preventive control measures; rather, it provides an additional reserve in special circumstances where a response may be necessary at the exchange level.
Bitunix indicates the use of professional hosting services, which allows them to rely on specialized hosting infrastructure without having to build an entire wallet security system internally. This approach, together with Care Fund and other asset protection measures, constitutes part of the exchange's broader security framework.
For individual cases that may involve compensation, Bitunix will assess each case on its own. The company will review the specific circumstances of the incident, verify the affected accounts or transactions, and determine an appropriate course of action based on the existing evidence and applicable rules.
Bitunix launched Care Fund for the first time in 2025, with an initial supply of 30 million USDC. This expansion to 50 million US dollars reflects the continuous development of this protection system. For more information about Bitunix Care Fund, please visit the official website of that exchange.
Bitunix is a global cryptocurrency derivatives exchange with operations covering over 150 countries and more than 5 million users. The company states that guided by the core principle of "better liquidity, better trading," this platform is designed for traders with higher requirements, committed to providing Ultra Trust, Ultra Products, and Ultra Experience. Bitunix offers a fast registration process and a user-friendly verification system to ensure security and compliance. The company claims that with the support of reserve proofs and the global standards provided by Bitunix Care Fund, the exchange places user trust and fund security in the highest priority. It also mentions that Fixed Risk, the charting suite supported by TradingView, as well as innovative features such as indicator alerts and cloud synchronization templates, provide a seamless experience for both beginners and advanced traders, making Bitunix one of the most dynamic platforms in the market.
