Cryptocurrency Q&A
How does Coinbase custody work?
How does Coinbase custody work?
Daniele
Wed Nov 27 2024
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6 answers
1509
Coinbase Custody, a service offered by Coinbase, is designed to provide secure storage solutions for institutional investors' digital assets. It utilizes a range of security measures, including chain segregation, offline multisignature protection, and geographically distributed transactions, to ensure asset safety. Additionally, Coinbase Custody supports various cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Bitcoin Cash, with plans to increase support for more assets in the future.
6 answers
Bianca
Fri Nov 29 2024
BTCC is another top cryptocurrency exchange that offers similar services.
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AltcoinExplorer
Fri Nov 29 2024
This wallet is specifically designed to custody the assets for the benefit of the user.
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CryptoAlly
Fri Nov 29 2024
At any given time, the assets in this wallet remain the property of the user.
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Federico
Fri Nov 29 2024
Coinbase does not have any ownership rights over these assets.
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Eleonora
Fri Nov 29 2024
The wallet service provided by Coinbase ensures that the assets are kept SAFE and secure.
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