The globally leading cryptocurrency exchange CoinW announced a strategic partnership with digital asset protection service provider CoinCover. CoinCover will provide CoinW with a real-time fraud detection engine, continuously monitoring withdrawal transactions to ensure security, allowing users to recover losses incurred from unidentified fraudulent transactions.

CoinW President Sonia Shaw said, "Partnering with CoinCover enables us to offer state-of-the-art digital asset protection services, setting a new standard for security in the cryptocurrency sector."