- Glossary
- Custody
Custody
Custody refers to services or systems that provide secure storage and management of crypto assets.
Custody is a concept that enables secure storage and management of crypto assets. Since cryptocurrencies are digital assets, a secure storage and management process is important. Custody services are generally carried out using digital wallets that are reliable and equipped with security measures. These wallets ensure that crypto assets are protected from unauthorized access with their private keys and other security measures. Custody services can be requested by a variety of users such as individual investors, institutional investors and cryptocurrency exchanges. These services generally ensure the security of assets by using cold storage wallets with high security standards and also reduce the risk of theft, loss or unauthorized access. —