[PRESS RELEASE – Please Read Disclaimer]
The leading blockchain-based worldwide point integration platform, PUT TOGETHER Protocol has announced that its utility token ASM continues to be added to Coinbase Custody. This means that ASM will receive a cold-storage custody solution from one of the largest custodians in the crypto sphere, Coinbase Custody.
Coinbase Custody to give cold-storage custody support designed for ASM
The particular support of the ASM upon Coinbase Custody has been formally confirmed by the Coinbase Institutional on 3rd May in 5 PM PDT, which has been revealed in their Twitter handle .
According to their tweet, Coinbase Custody officially accepted ASM token to be put into their cold storage custody following technical and conformity review of the token. It is a significant milestone for ASSEMBLE Protocol, given the fact that customers on Coinbase Custody are now able to access the token. The particular Custodial platform is considered to become one of the largest and most trusted crypto custody solutions with regard to individual and institutional investors.
The addition of ASM to Coinbase Custody can be expected to bring a new amount of security and trust in the particular ASSEMBLE Protocol. As part of this particular custody support process, Coinbase Custody now will enable the deposits and withdrawals for ASSEMBLE Protocol token (ASM). ASM token slots can now access a new strategy to the custody of their holdings.
It should be noted that Coinbase Custody offers custodian services to 90 digital currencies .
The PUT TOGETHER Protocol team considered Coinbase Custody for storage due to the reliability, security, and transparency of the platform. Since its launch eight years ago, Coinbase Custody has not experienced any kind of security incidents or lack of crypto assets to the platform and adheres to the strictest security protocol. As well as the listing of ASM on Coinbase Custody, users can now securely deposit and withdraw funds without leaving the Coinbase platform.
Regarding ASSEMBLE Protocol
Assemble protocol continues to create significant progress in its quest to provide users unrestricted chance to use their points likewise as they use cash without time or location restrictions.
The blockchain protocol provides point integration where various points could be integrated and converted into the native token ASM or cashed out through an one process. In addition , ASSEMBLE provides consumers with multiple stations where they can use their particular points. Users can openly transfer their points inside the platform or purchase goods and services within the ASSEMBLE platform.
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