Coinbase, Exchanges

Is Coinbase Custody Legit?

Coinbase Custody is a digital asset platform that offers institutional investors secure storage of digital assets, like Bitcoin and Ethereum. The platform is designed to meet the needs of institutional investors, like hedge funds and family offices, who require the highest levels of security and compliance. Coinbase Custody is a subsidiary of Coinbase, Inc.

, which is one of the most well-known and respected cryptocurrency exchanges in the world. Coinbase Custody is headquartered in San Francisco, California.

The platform offers a number of features that make it an attractive option for institutional investors. First, Coinbase Custody offers cold storage, which means that the digital assets are stored offline in secure facilities. This provides an extra layer of security against hacking and theft. Second, Coinbase Custody is insured against loss or theft of digital assets.

This insurance policy is provided by Lloyd’s of London, one of the world’s leading insurance providers. Third, Coinbase Custody is compliant with a number of regulations, including the Gramm-Leach-Bliley Act (GLBA) and the Sarbanes-Oxley Act (SOX). Fourth, the platform offers 24/7 customer support.

NOTE: WARNING: Before investing in Coinbase Custody, please be aware that Coinbase Custody is not a regulated financial institution or bank. As such, your investments may not be protected by the same insurance and safeguards as would apply to investments made through a regulated financial institution or bank. Please exercise caution when considering investing in Coinbase Custody.

Coinbase Custody has been operational since 2018 and currently supports over 50 different digital assets. The platform has custody licenses in multiple jurisdictions, including the United States, Canada, Europe, and Asia.

Coinbase Custody has been widely praised by the institutional investing community and has received a number of industry awards.

Yes, Coinbase Custody is legit. It is a digital asset platform that offers institutional investors secure storage of digital assets, like Bitcoin and Ethereum.

Coinbase Custody is a subsidiary of Coinbase, Inc., which is one of the most well-known and respected cryptocurrency exchanges in the world.

Previous ArticleNext Article