What is Coinbase custody?
Coinbase Custody is a secure storage solution for digital assets, offered by Coinbase. It is an independent, NYDFS-regulated entity, providing institutional-grade offline storage solutions. Coinbase Custody aims to provide the most precise and reliable custody solutions, with services similar to traditional financial custodians, including capital requirements, regulatory oversight, and auditing.
How does Coinbase custody work?
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.
What banks are being custody of crypto?
I'm interested in finding out which banks are currently offering custody services for cryptocurrencies. I want to know which institutions are trusted and reliable in this emerging field.
Who is the custody provider for Binance?
I would like to know who the custody provider is for Binance. I need this information to understand where and how my assets are being stored when I use their platform.
What is open custody crypto?
Open custody crypto refers to the concept of managing cryptographic assets in an open and transparent manner, often utilizing open source software and tools. This approach emphasizes accessibility, security, and the ability to customize solutions according to individual needs within a decentralized framework.