Bitget works with Matrixport Cactus Custody to improve the security of institutional crypto-assets

Victoria, Seychellen, April 4, 2024, Chainwire

Bitget The world's leading crypto exchange and web3 company has announced a partnership with Kaktus-Kärwahlung , a subsidiary of Matrixport, offers OASIS farm services and non-intercrete handling services. In a strategic step in order to better do justice to the needs of institutional customers after the safe management of digital assets, the cooperation not only minimizes the counterparty risks associated with the stock exchange trade, but also offers an effective instrument for capital efficiency management.

The aim of the comprehensive partnership is to offer institutional customers a robust service package tailored to their trade needs and thus increase the security and efficiency of the management of digital assets. In addition to the provision of Oasis Fund Knocking and processing services, the partnership also extends support for various types of trade, including spot, leveraged spot (cross/isolated) and futures. The futures products include USDT Perpetual, Coin Margined Perpetual, Coin Margined Delivery and USDC Perpetual and support out-of-the-counter settlement currencies such as USDT, USDC, BTC, ETH, AVAX and Arb. The trade rates and VIP levels are determined on the basis of the user levels on bitget, with the flexibility of a personalized configuration, while the fee rates for custody account accounts correspond to the regular accounts.

As part of the partnership, Bitget users can now benefit from the services and the security of Cactus Custody. These services offer several crucial advantages, including minimized fund risks through secure Oasis wallet custody through third parties, quick transactions that avoid delays through on-chain transfers, efficient out-of-the-counter processes and improved capital efficiency by the possibility of immediate shift in profits afterwards and reducing the need for continuous aftergue Stock exchange exchanges.

Gracy Chen, Managing Director of Bitget, said: "Since the acceptance of digital assets continues to increase at institutions, the guarantee of the greatest possible security of these assets is becoming increasingly important." Our partnership with Cactus Custody underlines our commitment to offer institutional customers the highest standards of security and efficiency in the management of their digital assets. Through this cooperation, we want to further strengthen our position as a trustworthy partner for institutional investors who are looking for reliable crypto-asset management solutions. ”

Wendy Jiang, Managing Director of Cactus Custody, said: “While we enter the next phase of the bull market, the teachings from the many sensational implosions of 2022 remain alive in the minds of many investors and our customers. This partnership with bitget underlines our commitment to our customers a critical and neutral infrastructure To provide it so that you can move safely and in accordance with this ecosystem and to take part in the next wave of institutional acceptance and to democratize. ”

Cactus Custody, a trustworthy institution of Matrixport, has a Hong Kong Trust Company license, meets the regulatory capital reserve requirements and adheres to guidelines to combat money laundering and terrorist financing. Cactus Custody uses industry-leading design principles and infrastructure for system security and ensures the safety of customer assets in both cold and warm storage. In addition, it offers a variety of flexible and configurable functional modules to meet the different requirements of customers in different sizes and business scenarios.

via Bitget

founded in 2018, Bitget is leader cryptocurrency exchange and web3 company. The Bitget exchange serves over 25 million users in over 100 countries and regions and strives to help users with their groundbreaking copy trading function and other trade solutions to help act more intelligently. Formerly known as Bitkeep, bitget-wallet is a first-class multi-chain-krypto wallet that offers a number of comprehensive web3 solutions and functions, including wallet functionality, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap, swap NFT marketplace, Dapp browser and more. Bitget inspires individuals to use crypto by working with credible partners, including the legendary Argentinian football player Lionel Messi and the official organizer of eSport-Events e.g.

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About Cactus Custody

registered as a trust company in Hong Kong (TCSP-license number: TC 006789), cactus custody is your trustworthy, qualified administrator for digital wealth. Cactus Custody ™ is equipped with crypto management functions of the enterprise class and added value financial services and is supported by a state-of-the-art system security design and an infrastructure that covers a wide range of business scenarios. CACTUS Custody ™ protects digital assets in billions in billions for some of the world's largest mining companies, stock exchanges, funds and projects and support their growth in a safe and legal way.

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