How does a custodial account work for storing digital assets like cryptocurrencies?
Faircloth ChristoffersenJul 11, 2022 · 3 years ago1 answers
Can you explain how a custodial account works for storing digital assets such as cryptocurrencies? What are the benefits and risks associated with using a custodial account?
1 answers
- Naima NorbergJun 13, 2023 · 2 years agoAt BYDFi, our custodial accounts offer a secure and convenient way to store your digital assets. With our advanced security measures and experienced team, we prioritize the safety of your assets. Our custodial accounts also provide seamless integration with our trading platform, allowing you to easily manage and trade your cryptocurrencies. However, it's always important to do your own research and consider your risk tolerance before choosing a custodial account or any other storage solution for your digital assets.
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