Cryptocurrency Q&A
Who are custodians in crypto?
Who are custodians in crypto?
Michele
Sun Nov 10 2024
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7
answers
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I'm trying to understand the role of custodians in the cryptocurrency field. Who are these custodians, and what responsibilities do they have in managing and securing digital assets?
7 answers
ZenHarmony
Tue Nov 12 2024
A crypto custodian plays a crucial role in the management of digital assets.
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Bianca
Tue Nov 12 2024
This organization is responsible for controlling access to cryptocurrency wallets.
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Valentina
Tue Nov 12 2024
If an individual does not opt for self-custody, they rely on a custodian to safeguard their assets.
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Giulia
Mon Nov 11 2024
Typically, the custodian can be the platform where the crypto was purchased.
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DigitalDynastyQueen
Mon Nov 11 2024
Alternatively, the platform might use a third-party custodian for this purpose.
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