On Wednesday, OKEx announced one more new initiative aimed at the detecting potential problems of the exchange with the rewards for the reports about them.
The new initiative will be called OKEx Security Response Centre, while the users will be the main element of this vulnerability tool. Specifically, they will be able to send the reports about any functional problems at the site, applications or other services offered by the platform.
When OKEx receives such report, the project team check the information sent by the user and then determines the response plan and measures to be taken. For every confirmed report, users will receive digital coins as the rewards. The amount of the reward depends on how critical the problem is. The reward will be credited to user's account within two working days from the date of the problem settlement.
Notably, every vulnerability reported by the user must be well-grounded.
“As security is one of the most important pillars we strive to enhance, this initiative not only benefits the platform but in a deeper meaning, it will improve the whole ecosystem bit by bit. We encourage users to join hands with us and help to keep OKEx as one of the most secure places for digital assets,” reported FinanceMagnates citing the company spokesperson.
According to the report, there are four types of vulnerabilities – serious, high-risk, medium-risk and low-risk.