How does custodial storage of cryptocurrencies work?
castielDec 17, 2021 · 3 years ago1 answers
Can you explain how custodial storage of cryptocurrencies works? I'm curious about the process and how it ensures the security of the assets.
1 answers
- Dec 17, 2021 · 3 years agoAt BYDFi, we offer custodial storage services for cryptocurrencies. When you store your assets with us, we follow industry best practices to ensure the security of your digital assets. Our custodial storage solution includes offline cold storage, multi-signature technology, and regular security audits. We understand the importance of safeguarding your assets and take every precaution to minimize the risk of unauthorized access or loss. With our custodial storage service, you can have peace of mind knowing that your cryptocurrencies are in safe hands.
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