Already the Tenth Independent Audit of Fumbi Wallets – 02/2024
As the only crypto-investment company in Slovakia, we regularly undergo an independent inspection of our wallets. The audit is conducted in cooperation with the renowned SGS Slovakia, part of the global SGS network.
Once again, we have undergone another independent inspection of cryptocurrency wallets. SGS compared the remaining values of 71 cryptocurrencies in the database with their actual values stored in the wallets.
The audit once again confirmed that the status of the wallets on which your cryptocurrencies are securely stored matches the values listed in your profiles.
Thanks to independent audits, our users can be confident that they will always get their cryptocurrencies or money because we have actually purchased and stored the cryptocurrencies securely.
Security and reliability are very important to us, which is why we make sure that we only work with the best on the market. You can rely on the fact that the cryptocurrencies you purchase through Fumbi are directly owned by you and do not appear on our company’s balance sheet.
Which cryptocurrencies have been audited?
The audit certified the values of all cryptocurrencies in the Fumbi Index Portfolio, Advanced Portfolios, Staking Portfolio, Fumbi Custom, and Bitcoin and Gold products. In total, all 71 cryptocurrencies you can invest in at Fumbi have been audited.
Why is it important to do such an audit?
There are a number of companies that offer different ways to invest in cryptocurrencies. They may offer investing through their token (their own cryptocurrency) or another version of unsupervised investing, whereby you are rarely the direct owner of your cryptocurrencies.
Such companies are often based in tax and legal havens and the recoverability of claims is very low. It is therefore important to be with a company that is trustworthy and can demonstrate the honesty of its activities.
The SGS Group (Société Générale de Surveillance) is the world’s largest inspection, verification, testing and systems certification organisation, founded in 1878 and headquartered in Geneva since 1919. SGS is recognised as the global benchmark for quality and integrity. With more than 97,000 employees, SGS operates a network of more than 2,600 offices and laboratories worldwide.
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