Security is paramount in NFT exchange development, with challenges ranging from smart contract vulnerabilities to phishing attacks and regulatory compliance. Implementing robust security measures such as multi-factor authentication, audit trails, cold storage for funds, and regular security audits can mitigate risks and safeguard user assets. Additionally, staying abreast of evolving security threats and adopting industry best practices are crucial steps in ensuring the platform's resilience against potential breaches.
source: https://www.blockchainappfactory.com/nft-exchange-development