Fund Safety
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Fund Safety
Igniz is built as a fully non-custodial, no-KYC trading platform. This page explains the mechanisms that keep your funds under your control at every step, and what you are responsible for as a self-custody user.
Non-Custodial by Design
Igniz never takes custody of your assets. Trading is enabled by connecting a Web3-compatible wallet — there is no registration, no identity verification, and no account onboarding step where you hand assets to a platform-controlled custodian. You retain ownership and control of your assets at all times; Igniz's role is to provide the trading engine, order matching, and settlement logic that your wallet interacts with directly.
Key implications of this model:
No KYC required. Trading access is gated only by a wallet connection, not by identity verification.
Signature-based order placement. Once you enable trading, orders are authorized by cryptographic signatures from your own wallet rather than by a custodial account login.
Trustless withdrawals. Withdrawals execute directly through smart contract logic rather than through a manual, platform-approved payout process. See Deposit and Withdrawal for the step-by-step flow.
Execution-Integrity Safeguards
Alongside the non-custodial model, Igniz applies safeguards designed to protect the integrity of order execution itself:
Server-side validation. Orders and account actions are validated before being accepted into the matching flow, reducing the risk of malformed or invalid requests reaching the order book.
Deterministic pre-confirmation. Where the platform surfaces figures such as estimated liquidation price ahead of a trade, these are computed deterministically from your inputs so you can review expected outcomes before confirming.
Duplicate-submission protection. Safeguards are in place to prevent the same order or transaction request from being processed more than once, reducing the risk of accidental double-execution.
Note: These safeguards protect the integrity of the trading and settlement process; they do not substitute for the self-custody responsibilities described below, and they do not eliminate market risk. See Risks for a fuller discussion of trading and platform risk.
Your Self-Custody Responsibility
Because Igniz is non-custodial, the security of your funds ultimately depends on the security of your wallet credentials — Igniz has no ability to recover funds on your behalf if your keys are lost or compromised.
If you connect an external wallet (MetaMask, WalletConnect, OKX Wallet, etc.), protect your recovery phrase and never share it with anyone. See Wallet Backup.
Anyone who obtains your recovery phrase or private key has full control over the associated assets. Store these credentials offline and never enter them on untrusted sites or applications.
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