Dvision Network is Now Officially Supported on the Binance Custody! 💫
The Dvision Network is an ultimate blockchain-based NFT metaverse platform. The Dvision Network establishes a cutting-edge metaverse ecosystem, by utilizing its own VR technology, that helps to lower the entry barriers for all types of users across the globe. Therefore, it allows designers, enterprises and general users to dive into the most advanced metaverse experience.
Dear Dvision Community,
We are thrilled to announce that Dvision Network’s DVI token has officially been added to Binance Custody. From now on, institutional users will be able to securely store their DVI and other holdings in a Binance Custody Wallet. Binance Custody has added support on both Ethereum (ERC-20) and BNB Chain (BEP-20), enabling cross-chain deposits and withdrawals for DVI tokens. In fact, Binance Custody provides institutional customers with a fully compatible platform to securely store digital currencies using leading technologies and security processes.
Binance Custody Now Supports Dvision (DVI)
On 27th May, Binance Custody announced on its official Twitter account that it supports deposits and withdrawals of DVI tokens for the Dvision Network on its custody platform. Custody refers to an asset trust service in which an agent stores and manages financial assets on behalf of an investor who trades stocks, bonds, digital assets, etc.
Binance Custody’s platform is undergoing an independent SOC 2 audit to verify its operational security. Binance Custody uses secure multiparty computation (MPC) to distribute control over customers’ funds, diminishing the risks of centralization.
DVI token holders can now securely store their DVI tokens in the offline, cold storage system of Binance Custody.
In addition, Binance Custody announced it had secured cold storage insurance in March. This insurance protects cryptocurrency stored in cold storage against named peril. It is underwritten by Arch Syndicate 2012 at Lloyd’s of London and brokered by the world’s largest independent insurance brokerage Lockton Companies’ specialist team LEAP (Lockton’s Emerging Asset Protection)
What is Binance Custody?
Binance Custody was established to provide security and trust-based services for digital asset investors who invest in the digital asset space. As a regulated and compliant service, it provides a secure and robust asset storage platform to users. The custodial service is also ISO 27001 and 27701 certified, adhering to the highest international information security and privacy protection standards. Moreover, Binance Custody is covered by a reliable insurance plan and its core technology and processes are undergoing SOC 2 audit, to demonstrate its commitment to security and providing a superior custodial solution.