Scallop Integrates with Binance Custody to Offer Cold Storage Support for $SCLP Token
With Binance Custody’s industry-leading security techniques, the Scallop community will enjoy advanced security on their assets.
Binance Custody Onboarding
Scallop has announced its official onboarding onto the Binance Custody Institutional Asset Infrastructure Solution, which will further safeguard investors' funds. Binance Custody provides advanced cold and hot storage security and liquidity solutions for institutions to conveniently and safely handle digital assets.
Scallop will liaise with Binance Custody to use its highly secure cold storage service. Security for investors will be further safeguarded with the new integration, as SCLP tokens will now be supported and stored on the institutional and insured cold storage facility.
"We're proud to be supporting Scallop and their community with our institutional-grade Prime Wallet infrastructure to secure their assets," shares Cathy Yu, Head of Binance Custody. "Working with a partner like Scallop who also values the importance of providing safe and insured technology solutions to its users makes our collaboration a great fit. We look forward to growing our partnership together."
Strong synergies
Binance Custody was only introduced in 2021 and has quickly garnered trust, given the service's high degree of customer safety. Therefore, Binance custody appeared to be the obvious choice in Scallop's quest for a trustworthy custody service for its digital money consumers.
With a focus on security and insurance coverage, Binance Custody employs industry-leading secure MPC (Multi-Party Computing), threshold signing techniques, and offline key-sharing storage, which are critical components to maintaining the protection of users' digital assets.
Binance Custody secured insurance from Arch Syndicate 2012 at Lloyd's of London to further strengthen investor safety. The deal was mediated by Lockton's Emerging Asset Protection (LEAP), the world's biggest independent insurance broker.
Transferring digital asset ownership to Binance Custody includes increased security from hackers and malicious elements, along with a delegation of authority. Users might avoid asset loss in the event of lost crypto inheritance, private passwords, or any other type of data loss or hack by sharing access with the custodian and delegating this permission.
This gives Scallop users much-needed peace of mind since dependable security measures have swiftly become vital for every project in this market.
About Scallop
Scallop Chain is a Byzantine fault tolerance blockchain with a core KYC & AML module included in the consensus mechanism at a protocol level. It is the world's first regulated, licensed interoperable infrastructure providing a suite of banking products to empower millions of retail & business customers worldwide.
Learn more about Scallop: linktr.ee/scallopdefibank
Media contact information:
Website: www.scallopx.com
Reach out for more details: marketing@scallopx.com
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Offering transparent governance and promising a 100X return opportunity, analysts anticipate Raffle Coin's potential to become a "blue-chip" cryptocurrency.
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Let's dive further to understand what makes Raffle Coin (RAFF) an interesting contender in decentralized finance (DeFi).
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Raffle Coin (RAFF): A Decentralized Raffle Revolution
Raffle Coin (RAFF) has been the talk of excitement in the crypto space, with the presale being said to present one of the best opportunities for a 100X return. Designed to suit individual and institutional investors alike—including, but not limited to, OKB (OKB) and Cronos (CRO)—Raffle Coin (RAFF) offers leading and decentralized governance in its entirety with a completely clear reward structure.
At just $0.020 per token, there is no doubt that, in the presale stage, Raffle Coin (RAFF) will be luring investors for huge returns as it snowballs. Analysts and enthusiasts alike are waiting for Raffle Coin (RAFF) to become a "blue-chip" cryptocurrency, considering the strategic partnerships and features developed to be user-centric.
Conclusion
The high return presale of Raffle Coin (RAFF) is calling the attention of investors in the crypto space. With an innovative model, strategic partnerships and a fast-growing community, Raffle Coin (RAFF) is poised to carve its name in DeFi history. In this respect, from the unfolding of the project, it is clear that Raffle Coin (RAFF) is more than a cryptocurrency but a change engine for the decentralized platforms and the raffle world.
Find out more about the Raffle Coin (RAFF) presale by visiting the website here.
Disclaimer: This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $300. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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