As cryptocurrencies become increasingly integral to modern business, ensuring their secure and efficient management is paramount. NOWPayments introduces its Crypto Custody solution, tailored to meet the demands of today’s enterprises. This service combines top-tier security with ease of use, offering businesses a streamlined way to handle their crypto assets, from reception to conversion and withdrawal. Here’s why your business should integrate NOWPayments Crypto Custody.
Comprehensive Fund Management
NOWPayments Crypto Custody is a turnkey solution enabling businesses to receive, store, convert, and withdraw cryptocurrency seamlessly. It provides a single platform for managing your entire financial flow, ensuring streamlined operations and enhanced efficiency.
Crypto Custody FAQ
- What is crypto custody?
Crypto custody refers to third-party services for storing and securing cryptocurrencies. It involves safeguarding large amounts of tokens, ensuring asset protection, and regulatory compliance. - Which financial operations are available within Custody?
NOWPayments’ crypto custody includes:
– Deposits: Customer funds sent to your custody balance.
– Conversions: Convert funds within your custody balance.
– Transfers: Move funds between accounts.
– Withdrawals: Withdraw to crypto wallets or bank accounts. - What security measures are in place for Custody?
NOWPayments ensures security with:
– Whitelisting: Only authorized IP addresses and wallets can initiate withdrawals.
– 2FA Verification: Optional two-factor authentication for added security. - How can I start accepting crypto with NOWPayments?
– Create an account on the NOWPayments website.
– Add your preferred crypto wallet.
– Generate an IPN secret key for callbacks and use your API key for integration. - Which coins are supported by NOWPayments?
NOWPayments supports over 300 cryptocurrencies and is open to adding more based on user suggestions. - How to choose the best payment gateways for custody?
Consider the provider’s establishment, market duration, security, fees, checkout process, supported currencies, and customer support quality. This will help you choose the right payment gateway for crypto custody.