iTrustCapital Integrates Coinbase Custody for Digital Asset Security

By Anthony BertolinoJanuary 14, 20222 minutes read
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We are proud to announce that we have engaged Coinbase Custody to custody and secure Digital Assets on the iTrustCapital platform.

Since the inception of iTrustCapital, we have always maintained the goal of working with industry leaders. Our use of Coinbase Custody to custody digital assets continues to establish us as not only the #1 Crypto IRA company in the industry but provides our clients the assurance that their digital assets are stored with one of the world’s most trusted cold storage providers.

Features

Segregated Cold Storage

Robust cold storage to help ensure assets are protected from all types of attacks.

Insurance

Industry-leading annually renewed commercial crime insurance policy in the amount of $320 Million

Financial & Security Controls

Undergoes regular financial & security audits by trusted auditing organizations.

SOC1 & SOC2 Certified

Maintains both SOC1 Type II and SOC2 Type II security audits.

Frequently Asked Questions (FAQ)

  • What is the reason for the new custody partner?

    • We strive to provide our clients with the best-in-class products and services. We believe that Coinbase Custody is the clear leader in institutional cold storage custody infrastructure.

  • As an iTrustCapital client, will this cost me more money?

    • We are covering the additional costs associated with this integration, client fees will remain the same.

  • Do I get to choose when my assets are put into Coinbase Custody?

    • Everything will be handled by our internal security & wallet teams, you need to take no action.

  • What actions do I need to take as a client of iTrustCapital?

    • No action is required on your part. You can continue to have fun investing within your iTrustCapital Crypto IRA knowing that we are taking care of all the difficult things. 

Looking Forward

As market leaders in our respective domains, we want to participate in the acceleration of the industry and provide our clients with the features they desire. While we don’t have concrete timelines, we are actively exploring the potential to offer the following services to our clients:

Staking Services

The potential to offer staking while still maintaining the same safe and offline storage of assets that clients trust.

Governance

When clients invest in governance tokens like Uniswap, Compound, MakerDAO, Sushi, Polkadot, and more, they carry the explicit right to participate in governance activities related to protocol changes. We eventually would like clients to have the ability to voice their opinions, while still ensuring assets are kept securely offline. 

DISCLAIMER:

This article is for information purposes only.  It does not constitute investment advice in any way.  It does not constitute an offer to sell or a solicitation of an offer to buy or sell any cryptocurrency or security or to participate in any investment strategy.   iTrust Capital, Inc. is not an exchange, funding portal, custodian, trust company, licensed broker, dealer, broker-dealer, investment advisor, investment manager, or adviser in the United States or elsewhere. iTrust Capital, Inc. is not affiliated with and does not endorse any particular cryptocurrency, precious metal, or investment strategy.   Cryptocurrencies are a speculative investment with risk of loss. Precious metals are a speculative investment with risk of loss. Cryptocurrency is not legal tender backed by the United States government, nor is it subject to Federal Deposit Insurance Corporation (“FDIC”) insurance or protections. Clients do not receive a choice of custody partner. The self-directed purchase and sale of cryptocurrency through a cryptocurrency IRA have not been endorsed by the IRS or any regulatory agency. Historical performance is no guarantee of future results.   Some taxes and conditions may apply depending on the type of IRA account. ​​Investors assume the risk of all purchase and sale decisions. iTrust Capital, Inc. makes no guarantee or representation regarding investors’ ability to profit from any transaction or the tax implications of any transaction. iTrust Capital, Inc. does not provide legal, investment or tax advice. Consult a qualified legal, investment, or tax professional.  iTrust Capital, Inc. makes no representation or warranty as to the accuracy or completeness of this information and shall not have any liability for any representations (expressed or implied) or omissions from the information contained herein. iTrust Capital, Inc. disclaims any and all liability to any party for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising directly or indirectly from any use of this information, which is provided as is, without warranties.

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