We understand that the safety of your assets is a top priority. At Novelist, we take this very seriously. Since Novelist is part of Amdax, we follow the same strict security procedures. Novelist is a specialized institution for the safekeeping and management of crypto assets. Novelist adheres to stringent regulations and security protocols and uses the latest technologies to protect your assets.
Full reserve custody
At Novelist, all client funds are held in full reserve. This means that all funds are always kept 1:1 in the vault. Your crypto assets are never lent out, ensuring that you can always withdraw your funds.
Protection by stichting derdegeldenrekening
Additionally, your assets are protected by the stichting derdegeldenrekening, a separate foundation that ensures your assets remain separate from those of Novelist. This means that even if something were to happen to Novelist or Novelist, your assets would remain safe and unaffected by the financial situation of the company.
Trust and regulatory compliance
Novelist always strives to uphold a high standard in crypto services. Novelist is a brand of Amdax, and Amdax is registered with De Nederlandsche Bank (DNB). Novelist closely monitors crypto regulations, including MiCAR, which can contribute to continuously improving the quality of our crypto services.