Cryptocurrency Security: Bitmarque Review
If you are looking for a reliable custody service for your digital assets, you may want to check out Bitmarque. Started in 2017, Bitmarque is a different cold storage solution, which is free of any point of failure.
The blockchain experts behind this service use military-grade security systems and a secured offline wallet. They have made an attempt to bridge the gap between insurance and cryptocurrencies.
As a matter of fact, Bitmarque has introduced real, unique insurance for the deep cold storage, which is a type of consortium for concerned investors.
Actually, the beauty of this new service is that it provides peace of mind for investors.
As far as cryptocurrency is concerned, the biggest problem that currency holders face is the issue of security. In other words, they are worried about losing their digital money. This is where Bitmarque comes to rescue.
The company has its own digital assets, many financial institutes, and offline assets, which is why it's the only insured custodian service provider for those who have cryptocurrency.
let's take a closer look at this service.
What is Bitmarque?
As said earlier, Bitmarque is a unique service as it offers an insured custody service for cryptocurrency holders.
This service is a pure cold storage solution. It's a combination of multi-sig approvals and smart contracts with deeper protection methods. This is why this system is insured by a powerful financial consortium. So, it offers a financial consortium that gives your currency a high level of safety and security. Your deposits will be secure. You won't have to worry about them.
How Safe will your Holdings be?
The provider uses military-level security protocols, offline systems, and cold storage. For added security, the systems are installed across the globe in secret locations. Moreover, they make use of a number of encrypted firewall layers for the highest degree of protection.
Since there are many approval systems, you can rest assured that the digital assets won't go anywhere, no matter what type of threats there may be. The company employees or top-level management won't have full access to your assets unless you provide your consent.
How does the Service Protect your Digital Assets?
If you are worried about the protection of your digital assets, know that the security protocols are as secure as the protocols used by the military. The company has a technological solution that offers a high level of encryption and security protocols. The use of smart contracts and physical vaults located in different secret locations around the globe ensure that your digital assets are always in good hands.
Supported Cryptocurrencies
You can deposit both Litecoin and Bitcoin, but you can also contact Bitmarque to find out about other currencies. However, they do support other cryptocurrencies.
Cost
If you want to join the service, you need to pay a one-time registration fee and a small amount of fee per month and the bank transaction fee. For more information, you can contact Bitmarque.
Joining without a Recommendation
You can't join without a recommendation unless you meet certain criteria. It's better to contact the company to discuss the matter.
So, this was a brief review of Bitmarque. Hope this helps.