Launched last month, Binance Custody platform announced that it has expanded its list of supported crypto assets. Binance Custody shared on Twitter; It announced that it supports 5 more cryptocurrencies, including Shiba Inu (SHIB).
According to this announcement by Binance Custody, support for Audius (AUDIO), Perpetual Protocol (PERP), SKALE Network (SKL) and Injective (INJ), including Shiba Inu (SHIB), has been added to the platform. Binance Custody shared the following on the subject:
What is Binance Custody?
Binance Custody offers secure cryptocurrency custody to institutional clients. In other words, the private keys of customers are stored on the platform and insurance service is offered for managed crypto assets.
Crime in this area with the rapid adoption of cryptocurrencies cases also increased. Thus, investors often began to use third-party custody services to protect their assets rather than control them.
In addition, Binance uses secure multilateral computing to distribute control over customers’ funds. Finally, Binance Custody has previously added support for Immutable X (IMX), Zilliqa (ZIL), Gala (GALA) and WINkLink (WIN).
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