BTSE holds more than 98% of user assets in offline cold wallets, with only a minimal operational balance kept in hot wallets. Fireblocks MPC custody adds protection against single points of key failure. This guide explains how BTSE stores funds, then shows how to secure your own wallet and spot fake BTSE links.
Where does BTSE store user funds?
BTSE stores more than 98% of user assets in cold storage. These are offline wallets that are never connected to the internet. Only a minimal operational balance sits in hot wallets, which are connected wallets used to provide liquidity for day-to-day activity.
BTSE also uses Fireblocks’ multi-party computation (MPC) custody technology. MPC splits private keys into separate cryptographic shares, so no single person, device or system holds a complete key. For the full picture, including the independent proof-of-reserves audit, read our Proof of Reserves 2026 deep dive.
What is cold storage and why is it safer against remote attacks?
Picture a safe inside a room with no internet connection. Someone in another country can’t break into it online. They would need to be physically there, which is far harder. Cold storage works the same way: keys kept offline can’t be reached by anyone attacking over the internet.

No storage method removes every risk. That is why BTSE layers cold storage with other protections, such as MPC custody.
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Hot wallet vs cold wallet: what’s the difference?
Hot and cold wallets are general terms for how any wallet is stored. The first section above explains how BTSE holds user assets.
Hot wallet |
Cold wallet |
|
|---|---|---|
Internet connection |
Connected |
Offline |
Typical use |
Daily activity, quick access |
Long-term storage |
Convenience |
Faster to use |
Slower, more steps |
Main risk |
Online attacks if poorly protected |
Lost or damaged device or backup, human error |
How should I secure my own wallet?
BTSE protects funds on the platform, but your own accounts and wallets also depend on your habits. Use this checklist:
- Use a strong, unique password. Don’t reuse it on any other site or app.
- Turn on app-based 2FA. Authenticator apps are generally safer than SMS or email codes, which can be intercepted through SIM swapping. Our 2FA setup guide walks you through it.
- Keep your seed phrase offline. Write it down and store it somewhere safe. Never save it as a photo, screenshot, or cloud note, and never share it with anyone.
- Consider a hardware wallet for long-term holdings. Some users choose one because it keeps private keys on a device that stays offline.
- Treat “too good to be true” offers with suspicion. Scammers often impersonate famous figures on social media with big prizes or guaranteed returns. Our guide to common crypto scams shows what to look for.
- Check promotions in the official place. Go straight to the Rewards Hub in the official BTSE app or website instead of clicking links in messages.
- Know your wallet before you move funds. Our guide on how to use your BTSE wallet covers deposits, withdrawals, and transfers.

How do I check if a website or email is really from BTSE?
Before you click a link or reply to a message that claims to be from BTSE, check it with BTSE Verify, a free tool that tells you whether a website, email, phone number, or social account is official. Our step-by-step BTSE Verify guide shows how to use it.
Staying safe in crypto is a shared job. BTSE protects funds on the platform, and you protect your account and wallets.
Take a few minutes today to turn on 2FA and bookmark BTSE Verify. If you trade futures, you can also read how the BTSE Insurance Fund works.