What is a custodial account for crypto?
I've been hearing a lot about custodial accounts in the crypto world. I want to understand what a custodial account for crypto actually is and how it works. Can someone explain this to me in simple terms?
Who owns the money in a custodial account?
I'm trying to understand custodial accounts and have a question about the ownership of the funds in such an account. Specifically, I want to know who owns the money in a custodial account.
Can you open a custodial account on Coinbase?
Excuse me, I'm wondering if you could possibly enlighten me on a question I have regarding Coinbase. Specifically, I'm curious if it's possible to open a custodial account with the platform? I've been hearing a lot about the benefits of custodial accounts for managing digital assets, and I'm interested in exploring that option with Coinbase. Could you please elaborate on the process and any requirements that may be involved in setting up such an account? Thank you for your time and assistance.