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.
Bianca
Tue Nov 12 2024
This organization is responsible for controlling access to cryptocurrency wallets.
Valentina
Tue Nov 12 2024
If an individual does not opt for self-custody, they rely on a custodian to safeguard their assets.
Giulia
Mon Nov 11 2024
Typically, the custodian can be the platform where the crypto was purchased.
DigitalDynastyQueen
Mon Nov 11 2024
Alternatively, the platform might use a third-party custodian for this purpose.