Cryptocurrency Security: Bitmark Review

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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.

Blockchain experts use military-grade security and a secure offline wallet behind this service. They have tried to bridge the gap between insurance and cryptocurrency.

Indeed, Bitmark has introduced real, unique insurance for deep cold storage, a kind of consortium for concerned investors.

In fact, the beauty of this new service is that it provides peace of mind for investors.

As far as cryptocurrency is concerned, the biggest problem for currency holders is security. In other words, they are worried about losing their digital money. This is where the 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 have cryptocurrencies.

Let’s take a closer look at this service.

What is a bitmark?

As mentioned earlier, Bitmark is a unique service because it offers an insured custody service for cryptocurrency holders.

This service is a pure cold storage solution. It is a combination of multi-sig approval and smart contract with deep security approach. For this reason the system is insured by a strong financial consortium. So, it offers a financial consortium that gives your currency a high level of security and safety. Your deposit will be protected. You don’t have to worry about them.

How secure will your holding be?

Providers use military-level security protocols, offline systems, and cold storage. For added security, systems are installed in secret locations around the world. In addition, they use several encrypted firewall layers for the highest degree of protection.

Since there are so many approvals, you can be sure that digital resources will not go anywhere, no matter what the threat. 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 are concerned about the security of your digital assets, know that security protocols are as secure as the protocols used by the military. The company has a technical solution that provides a high level of encryption and security protocols. The use of smart contracts and physical vaults located in various secret places around the world ensures that your digital assets are always in good hands.

Supported cryptocurrencies

You can deposit both Litecoin and Bitcoin, but you can also contact Bitmark to learn about other currencies. However, they support other cryptocurrencies.

Cost

If you want to join the service, you will need to pay a one-time registration fee and a small fee and bank transaction fee per month. For more information, you can contact Bitmark.

Join 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, it was a brief review of the bitmark. Hope this helps.

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