The recent crash of cryptocurrency exchange FTX has made many investors reconsider how they hold their digital assets. While most will turn to self-custodianship, this is not an option for all traders. In fact, institutional players and large owners are turning to designated custodial solutions.
These guard solutions provide enhanced security features and offer expert support to their customers. This is important, because self-guarding comes with significant risks when users hold large amounts of cryptocurrency. Even the most experienced users can make mistakes and leave their encrypted property vulnerable to theft.
Moreover, the added protection offered by professional custodians makes them useful for those who are new to crypto or don’t feel confident enough about managing the security of their digital holdings themselves.
To ensure that the public has more information on how to secure their coins, DailyCoin decided to examine the relevant platforms to provide its readers with the latest reviews on the most popular custodial solutions. We chose Orbitos Crypto Custody as our first review provider.
Orbitos is a crypto custody designed to make it easier for individuals and organizations to securely store their digital assets.
Orbitos is a comprehensive cryptocurrency custody solution designed to make it easier for individuals and institutions to securely store their cryptocurrency assets.
The platform was developed to provide financial institutions, hedge funds and high net worth individuals with the tools to securely manage their digital asset portfolios.
Given the nature of digital assets, Safety top priority in the industry. Crypto assets travel through digital channels and are always vulnerable to them the pirate And Cybercrime. Platforms must ensure that investors have confidence in their security measures.
Orbitos takes the security of client assets very seriously. To this end, the platform uses a combination of cold storage, multi-factor authentication, and regular security audits to protect the digital assets under their custody. Cold storage means that the user’s funds are not connected to the Internet Hardware wallets. This makes the funds inaccessible to hackers. Multi-factor authentication adds another layer of security, while security audits ensure all security measures are up to date.
Orbitos has a robust security protocol that is well suited to protect its clients’ digital assets.
For clients, it is crucial to ensure that the assets they hold comply with government regulations.
Orbitos takes compliance very seriously and works closely with its legal team and relevant authorities to ensure it meets the highest regulatory standards. The company is authorized and regulated by the financial authorities in Lithuania, where the company is based. Lithuania has it Forward-looking approach towards cryptocurrency, as well as a file encryption work social communication.
The platform also requires customers to provide Know Your Customer (KYC) information to open accounts. This ensures that they comply with regulations and acts as an additional layer of safety for investors.
Ease of use is an important consideration for any user. The easier the platform is to use, the less time users will spend on routine operations and learning how to operate it.
Orbitos puts usability first. the platform It has a simple and intuitive user interface that will allow anyone to figure it out in minutes. Transactions are processed smoothly and without delays or complications, making it easier for investors to manage their assets.
Additionally, the process of transferring assets is straightforward, with clear instructions guiding users throughout the process. Overall, Orbitos is easy to use for even the less tech-savvy.
Although the fee is not the most important factor, it is definitely something to consider when looking for a preventative solution. Compared to other players in the industry, Orbitos.io offers competitive fees.
Moreover, the Fee structure Clear and easy to understand. The platform charges a fee of €10 for all deposits and withdrawals and a monthly custody fee of 0.05%. This makes it easier for investors to understand and manage their costs.
When dealing with custodial solutions, customer support is very important. It ensures that the users can get help in case of any problems that may arise.
Orbitos.io offers 24/7 customer support via email and phone, allowing customers to get answers quickly and efficiently. Moreover, the staff is knowledgeable and friendly, making it easy for anyone to find an answer to their questions.
Orbitos.io is an excellent choice for anyone looking for a secure and reliable platform to manage their digital assets. The platform is easy to use and navigate, fees are reasonable and transparent, and the customer support team is responsive and helpful. The security measures in place, regulatory compliance and ease of use make this platform a great choice for investors.