Investment
Features
FeesSafety
Academy
More
Pluang+
BETA
FAQ article

Is the crypto receive feature on Pluang safe?

Yes — Pluang partners with Fireblocks, one of the world's largest digital asset custody and transfer providers, keeps 70% of crypto assets in cold wallet storage, and carries $30M in institutional cyber theft coverage. You don't need Authenticator to receive crypto — that requirement applies to Crypto Send only.


Good to know:

  • Custody security: Pluang partners with Fireblocks, one of the largest and most secure digital asset custody and transfer providers globally. 70% of crypto assets are held in cold wallet storage, with $30M in institutional cyber theft coverage.
  • No Authenticator needed to receive: Authenticator is required for Crypto Send, not Crypto Receive — you can view and share your deposit address without it.
  • Once crypto arrives in your Pluang account, it's protected by the same custody security as every other asset you hold, regardless of how it got there.

Related questions:

Q: Do I need Authenticator set up to receive crypto?
No — Authenticator is only required for Crypto Send. You can receive crypto without it.

Q: Does the sender need anything from my Pluang account to send me crypto?
No — they just need your wallet address (and Tag, if applicable) and the matching network; nothing on your Pluang account needs to be unlocked for them to send.

Q: How does Pluang protect crypto assets in storage?
Pluang partners with Fireblocks for custody and transfer security, keeps 70% of assets in cold wallet storage, and carries $30M in institutional cyber theft coverage.

Q: Is Fireblocks a Pluang-specific security measure, or an industry-standard provider?
Fireblocks is one of the largest digital asset custody and transfer providers globally — Pluang partners with them rather than building custody infrastructure from scratch.