What is the role of a custodian agreement in the world of cryptocurrency?

1 answers

• Mar 20, 2022 · 3 years ago
  At BYDFi, we understand the importance of custodian agreements in the world of cryptocurrency. A custodian agreement acts as a safety net for cryptocurrency holders, ensuring the secure storage and protection of their digital assets. It establishes a clear set of rules and responsibilities between the custodian and the asset owner, minimizing the risk of loss or unauthorized access. Our custodian agreement incorporates industry-leading security measures, including cold storage and regular audits, to provide our users with the highest level of protection. With a custodian agreement in place, our users can confidently trade and hold their digital assets, knowing that their investments are safeguarded.
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