Comparing The Best Crypto Custody Providers – Which One Is The Best For Your Business?

Estimated read time 4 min read

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Crypto custody providers!

As you are searching about that, we are assuming that you are interested in the Crypto space.

And, why not?

The Crypto market is performing really well now. Although it also goes through a lot of ups and downs, still the Crypto space has the potential to get you higher returns if you can play strategically and keep your Crypto holdings safe.

Talking about safe storage of Crypto assets!

Crypto custody providers have to be there. Just the way you always pick the best, secure, and trustworthy Crypto trading platforms, like bitqt, it is also crucial to store your Crypto coins safely. After all, they are your asset, your hard-earned mooney, well, at least digital form of money.

Now, if you are thinking of so many options, which one you should choose, go through this article.

What Is This Crypto Custody Service?

Crypto custody is a highly secure and also off-chain storage solution that is specially designed for Cryptocurrencies. Every individual user will be able to access the Crypto custody solution with utmost ease.

The fact is Crypto custody providers are always suitable for institutional investors. You will always find institutional investors, high net worth individuals, and larger investors securely storing their digital assets with a trusted third party.

And that is when the Crypto custody providers come into action. The very technical aspects that are involved in private key security, particularly in Crypto custody solutions, assist all those larger investors in trusting them easily.

The Top Crypto Custody Providers

So, you see, you are actually leaving the security of your digital asset or Crypto holdings in the hands of the Crypto custody provider you are choosing. It means it has to be completely secure and trustworthy.

That is why here we are offering you some suggestions on the best Crypto custody providers. Let’s check them out.

#1 BitGo

BitGo is one of the most popular Crypto custodians. It was 2013. When it was first launched in the market, and over the years, it has evolved pretty well in order to meet up the requirements of global leaders when it comes to spring digital assets.

With BitGo, you are getting access to storing more than 100 different types of Cryptocurrencies and Crypto tokens. BitGo leverages institution-grade custody policy regulations. This is more suitable for cold-wallet lovers.

#2 Gemini

At present, Gemini has developed a reputation of being one of the top Crypto custody providers, and that too with cold wallet storage. In order to safeguard and encrypt your private keys, it uses various military-grade measures.

With Gemini, you will also get the benefits of Cryptocurrency prime brokerage and a lot of other services.

#3 Digivault

Digivault is that type of Crypto custody service that focuses on Institutional investors more. The best part is that it works with a profound understanding of all those challenges that are associated with mainstream Cryptocurrency adoption.

It doesn’t matter whether you are looking for a cold-wallet or hot-wallet solution; with Digivault, you will get two different Crypto custody solutions.

#4 Coinbase Custody

For secure Crypto storage, Coinbase comes with leveraged military-grade cold wallets. So, you do not need to worry about the security of your Crypto holdings.

For its unique approach along with standardized audit operation, Coinbase has become really popular in the Crypto market. When you are using Coinbase, you also can explore the opportunities for directly staking your assets from offline wallets.

To Pick The Best One For Your Business

To be honest, the Crypto space is witnessing promising growth at current times.

It has also been seen that more institutional investors are showing their interest in the Crypto space. Standing in this Crypto revolutionary age, it is really difficult to find the best Crypto custodians that will store your Crypto coins securely.

With so many choices, it is pretty easy to get confused about their functionalities and disadvantages. That is why you must have a clear understanding of the particular requirements you should look for in Crypto custody providers.

Here are the major requirements you need to follow while picking up the top Crypto custodians as per your purpose or planning.

Final Tips

Now you have the names of some of the top Crypto custody providers, and you also have the factors you are required to consider when you are picking a Crypto custodian. You first need to understand your ultimate requirement and then pick the one which seems the most suitable for you.

 



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