Cryptocurrency Q&A How does Coinbase custody work?

How does Coinbase custody work?

Daniele Daniele Wed Nov 27 2024 | 6 answers 1509
Coinbase Custody, a service offered by Coinbase, is designed to provide secure storage solutions for institutional investors' digital assets. It utilizes a range of security measures, including chain segregation, offline multisignature protection, and geographically distributed transactions, to ensure asset safety. Additionally, Coinbase Custody supports various cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Bitcoin Cash, with plans to increase support for more assets in the future. How does Coinbase custody work?

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