How does Coinbase custody ensure the security of digital assets?

3 answers

• MateuszJan 05, 2021 · 5 years ago
  Coinbase custody employs a multi-layered security approach to protect digital assets. They utilize offline storage, also known as cold storage, to keep the majority of assets offline and out of reach from potential hackers. Additionally, they implement strict access controls, including multi-factor authentication and biometric verification, to prevent unauthorized access to the assets. Regular audits and third-party security assessments are conducted to identify and address any vulnerabilities. Overall, Coinbase custody prioritizes the security of digital assets and employs industry-leading practices to safeguard them.
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• Bhuvana GundepalliAug 19, 2020 · 5 years ago
  When it comes to the security of digital assets, Coinbase custody doesn't mess around. They employ a combination of advanced technology and strict protocols to ensure the safety of your assets. With their offline storage solution, they keep the majority of assets in cold storage, which means they are not connected to the internet and are therefore less susceptible to hacking attempts. They also have robust access controls in place, including multi-factor authentication and biometric verification, to prevent unauthorized access. Regular audits and security assessments are conducted to maintain the highest level of security. Rest assured, your digital assets are in good hands with Coinbase custody.
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• anna abrahamApr 14, 2024 · 2 years ago
  At BYDFi, we understand the importance of security when it comes to digital assets. That's why we have partnered with Coinbase custody to provide our users with the highest level of asset protection. Coinbase custody employs a range of security measures, including offline storage, strict access controls, and regular audits. With their expertise and industry-leading practices, you can trust that your digital assets are secure and well-protected. Rest easy knowing that BYDFi and Coinbase custody have your back when it comes to the security of your assets.
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