Digital asset custody is crucial for secure and efficient crypto payments. Here's what you need to know:
Custody options:
When choosing a provider, consider:
As crypto adoption grows, custody solutions will play a key role in building trust and enabling wider acceptance of digital asset payments.
Keeping digital assets safe means storing the keys that prove you own them. You can do this in different ways:
MethodDescriptionSelf-custodyYou keep the keys yourselfExchange custodyAn exchange holds your keysThird-party custodiansA company keeps your keys for youInstitutional servicesFor big companies with lots of assets
Choose the way that works best for you.
In the US, Crypto custody services are companies that hold crypto for people or businesses. They must:
These services offer:
Crypto custody solutions help people and companies with lots of crypto. They offer:
ServiceDescriptionSafe storageKeep your crypto secureMulti-signature techExtra security for transactionsInsuranceProtect your assets
Big companies that do this include Coinbase, Gemini, and Bitgo.
