Cryptocurrency Q&A Is Qredo a qualified custodian?

Is Qredo a qualified custodian?

ShintoMystic ShintoMystic Thu Nov 07 2024 | 5 answers 1577
I'm considering using Qredo as a custodian for my digital assets, but I'm not sure if they are qualified. Can anyone confirm if Qredo is a reliable and qualified custodian? Is Qredo a qualified custodian?

5 answers

Stefano Stefano Sat Nov 09 2024
Conversely, a non-custodial decentralized custodian operates differently. Such a custodian does not hold or manage the user's keys.

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Alessandra Alessandra Sat Nov 09 2024
A centralized custodian is defined as an entity that possesses, has access to, or can restrict access to the private keys of a user's digital assets.

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EnchantedNebula EnchantedNebula Sat Nov 09 2024
This type of custodian maintains control over the assets, enabling them to manage and oversee transactions on behalf of the user.

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KatanaBlade KatanaBlade Fri Nov 08 2024
Instead, users retain full control over their digital assets and can generate transactions independently.

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WhisperEcho WhisperEcho Fri Nov 08 2024
Qredo exemplifies this latter category of custodian. It offers a decentralized platform where users maintain ownership and control of their digital assets.

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