If you are looking for a reliable custody service for your digital assets, you may want to check out Bitmarque. Launched in 2017, Bitmark is a different cold storage solution, free from any point of failure.
The blockchain experts behind this service use military-grade security measures and a secure offline wallet. They have tried to bridge the gap between insurance and cryptocurrency.
In fact, Bitmark has introduced real, unique insurance for deep cold storage, a kind of consortium for related investors.
In fact, the beauty of this new service is that it provides peace of mind for investors.
As far as cryptocurrencies are concerned, the biggest problem for coin holders is the security issue. In other words, they are worried about losing their digital money. This is where Bitmark comes to the rescue.
The company has its own digital assets, many financial institutions and offline assets, which is why it is the only insured custodian service provider for those who own cryptocurrencies.
Let’s take a closer look at this service.
What is bitmark?
As mentioned earlier, Bitmark is a unique service as it provides an insured custody service for cryptocurrency holders.
This service is a pure cold storage solution. It is a combination of smart contracts with multi-sig authorization and deep security mechanisms. That is why this system is insured by a strong financial consortium. Thus, it offers a financial consortium that gives your currency a high level of safety and security. Your deposit will be protected. You don’t have to worry about them.
How safe will your holding be?
The provider uses military-grade security protocols, offline systems and cold storage. For added security, the systems are installed in secret locations around the world. Moreover, they use several encrypted firewall layers for the highest degree of protection.
Because there are so many authentication mechanisms, you can be sure that digital assets won’t go anywhere, no matter what the threat is. Company employees or top-level management will not have full access to your assets unless you provide your consent.
How does the service protect your digital assets?
If you’re concerned about protecting your digital assets, know that security protocols are as secure as those used by the military. The company has a technological solution that offers high level encryption and security protocols. The use of smart contracts and physical vaults located in various secret locations around the world ensure that your digital assets are always in good hands.
Supported cryptocurrencies
You can deposit both Litecoin and Bitcoin, but you can contact Bitmark to inquire about other currencies. However, they support other cryptocurrencies.
cost
If you want to join this service, you will have to pay a one-time registration fee and a small monthly fee and bank transaction fee. For more information, you can contact Bitmark.
Joining without a recommendation
You cannot join without a recommendation unless you meet certain criteria. It is best to contact the company to discuss the matter.
So, that was a brief review of Bitmark. Hope it helps.