BlockbasisDepositFAQ

Who ultimately handles deposits on Blockbasis? Who is custodian?

Blockbasis has partnered up with the most recognised custodians for user deposits. We use multiple custodians to limit the risk for our users, which include:

  • Bitgo providing $100 million deposit insurance
  • Primetrust providing $150 million deposit insurance
  • Fireblocks for hot wallets to easy move coins in and out of Blockbasis as our users deposit and withdraw

Other custodian partners include Onchain and we continue to add more to continue to safeguard our users.