Cryptocurrency Q&A
Who provides crypto custody?
Who provides crypto custody?
IncheonBeautyBloomingRadianceGlow
Wed Nov 06 2024
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6 answers
1490
I'm wondering who is responsible for the custody of cryptocurrencies. Is it the exchanges, banks, or some specialized custodians? I need to understand who I can trust to safely store my digital assets.
6 answers
Elena
Fri Nov 08 2024
A crypto custodian plays a crucial role in the management of digital assets.
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Daniele
Fri Nov 08 2024
Alternatively, some platforms may use third-party custodians to manage their users' assets.
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TaegeukChampion
Fri Nov 08 2024
This organization is responsible for controlling access to the wallet where cryptocurrencies are stored.
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Silvia
Fri Nov 08 2024
In most cases, unless an individual decides to take custody of their own assets, known as self-custody, the custodian will be the platform where the crypto was purchased.
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KatanaBlade
Fri Nov 08 2024
Many cryptocurrency exchanges and trading platforms offer custodian services as part of their offerings.
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