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LeveX Announces Launch of Bug Bounty Program with Up to $5,000 Reward

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By on May 12, 2025 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post LeveX Announces Launch of Bug Bounty Program with Up to $5,000 Reward appeared first on Coinpedia Fintech News

LeveX, an emerging player in the crypto industry, is excited to announce the official launch of its Bug Bounty Program. This strategic initiative marks a significant step in the platform’s commitment to providing users with a secure, transparent, and reliable environment. 

In collaboration with renowned cybersecurity firm Hacken, LeveX is tapping into the collective power of the global security community to identify and resolve vulnerabilities before they can be exploited.

LeveX Bug Bounty Program in Collaboration with Hacken

LeveX, a cryptocurrency exchange that has recently generated increasing buzz in the industry, has officially announced the launch of its Bug Bounty Program to reward those who help keep it safe from cyber incidents.

In collaboration with Hacken, LeveX’s Bug Bounty Program is designed to reward ethical hackers and security experts for identifying vulnerabilities across its web and mobile platforms. This initiative encourages the crypto community to take an active role in maintaining the safety and integrity of the LeveX exchange.

The program will offer rewards based on the severity of the identified vulnerabilities:

Critical: $2,000 – $5,000;

High: $1,000 – $2,000;

Medium: $500;

Low: $100.

By offering these rewards, LeveX ensures that security researchers are motivated to quickly identify and report any flaws in the platform, allowing the team to fix them before malicious actors can exploit them.

Security experts and community members interested in participating in the program can sign up through the Hackenproof platform.

LeveX’s Bug Bounty Program follows in the footsteps of successful initiatives by companies like Apple and Arc browser, which have proven the value of collaborative efforts in identifying and fixing vulnerabilities before they can lead to significant security breaches.

In an era when cybersecurity threats to cryptocurrency exchanges and blockchain technologies are becoming more sophisticated and frequent, there’s no doubt that LeveX is taking proactive steps to safeguard its platform. 

LeveX’s Ongoing Commitment to Security is a Response to Growing Cybersecurity Threats

The launch of the Bug Bounty Program is part of a broader commitment to security at LeveX. The exchange has consistently invested in advanced technologies and threat detection systems to safeguard its users’ assets and data. From two-factor authentication (2FA) to end-to-end encryption, LeveX prioritizes security at every level of its platform.

In addition to its Bug Bounty Program, LeveX consistently provides security updates to its users and collaborates with independent auditors to evaluate the effectiveness of its security protocols. 

The exchange emphasizes the importance of this initiative, especially in light of the recent rise in cyberattacks targeting crypto exchanges. A prime example is the $1.5 billion breach at Bybit in February 2025, attributed to North Korean hackers. This breach highlighted the catastrophic consequences of neglecting vulnerabilities. In response, Bybit launched a recovery bounty program, underscoring the critical need to address threats proactively before they escalate.

LeveX is determined not to be a victim of such breaches. Through its Bug Bounty Program, the exchange takes a forward-thinking approach to cybersecurity. 

About LeveX

LeveX is a secure and user-friendly cryptocurrency exchange offering a wide range of trading options, including spot and derivatives markets, for both beginners and experienced traders. The exchange operates as a Web3-based platform, combining advanced trading tools with an intuitive interface, real-time market insights, and educational resources. 

The platform has five core values: transparency, fairness, community, user-centricity, and empowerment. 

LeveX ensures complete transparency in its order books and trading practices, eliminating manipulative activities and fostering a fair user environment. The exchange also strongly focuses on community engagement, continuously enhancing its features based on user feedback to meet the evolving needs of its traders.

Moreover, LeveX recently obtained a Money Services Business (MSB) license from FINTRAC, which allows it to operate legally in Canada and ensures full regulatory compliance across various markets.

Discover More

To stay updated on LeveX’s latest initiatives and security efforts, visit the official website and follow LeveX on social media platforms. Join the conversation on X (Twitter) and Telegram for real-time updates, trading tips, and community news.

Also, for direct access to trading, download the LeveX app, which is available on iOS and Android. Stay connected and be part of the future of secure crypto trading!

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