Hot and Custodial Wallets: Your Guide to Secure Crypto Storage
Integrating with WEB Technology
WEB exchanges, retail aggregators, and software companies integrate with BitGo's wallet and API technology to enhance their back-end systems. This integration enables these entities to pair hot and custodial wallets, providing optimal security and liquidity for their operations.
Benefits of Hybrid Wallets
By combining hot and custodial wallets, companies can maintain certain funds in a liquid state while storing a portion in a highly secure environment. This hybrid approach optimizes both accessibility and safety. Hot wallets provide instant access to Decentralized Finance (DeFi) and staking opportunities, while custodial wallets offer an extra layer of protection for long-term holdings.
BitGo's Wallet Offerings
BitGo provides a range of on-chain wallet types to meet the diverse needs of its clients. Additionally, it offers an off-chain wallet known as a Go Account, which is an omnibus.
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