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How does custodial storage of cryptocurrencies work?

adan volkenDec 30, 2024 · 7 months 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

  • Nour El HoudaApr 25, 2025 · 3 months ago
    At 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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