@everyone KNOW MICROCHAINS. Qst: Why choose Huobi Trust & Cobo Custody as MicroChains custodians.

05 Sep 2022, 05:31

@everyone KNOW MICROCHAINS Qst: Why choose Huobi Trust & Cobo Custody as MicroChains custodians? Ans: The assets shall be safely kept because of the centralized cross-chain and it is also an arduous task to ensure the security of assets, both technically and institutionally. The licensed institutions under listed companies are the most suitable entities to cooperate. Reasons for choosing Huobi Trust: (1) Huobi Trust is a licensed institution and is regulated. Any illegal operations are subject to strong third-party supervision; (2) Huobi Trust is backed by the 8-year accumulation of blockchain technology of Huobi, and its experience in digital currency custody is much more sufficient than most projects in the industry; (3) Huobi Trust officially launched its product in 2021, and the technical transformation is highly coordinated; (4) Last but not least, Huobi Trust will soon be covered by insurance, and the security of funds will be better assured. Reasons for choosing Cobo Custody: (1) Cobo Custody, as an industry-leading custodian, owns numerous industry partners, solid technology and product strength. (2) Making asset custody diversified and reducing single-point risks by introducing Cobo Custody.