Press release. Another groundbreaking achievement is the blockchain-based Metaverse platform branch network Just announced the official addition to Binance Custody. As such, Binance’s custodial services arm will support deposits and withdrawals of Dvision’s native token, DVI, on its platform. Binance Custody’s support for DVI tokens will be provided in a cross-chain fashion, adding support for ERC-20 and BEP-20 versions of Dvision’s native tokens.
Anything to know?
pass Official Twitter account of Binance Custody, It has now been announced that it is currently accepting Dvision Network’s DVI token deposits and withdrawals on its escrow service. Binance Custody‘s platform is undergoing an independent SOC 2 audit to verify its operational security. With this in mind, Binance employs secure MPC (multi-party computation) to decentralize control over client funds, significantly reducing the dangers associated with centralization.
Additionally, Dvision Network has established itself as an initiative that values the security and transparency of token management, having previously used Coinbase Custody to provide cold storage early last year. With the latest announcement regarding Binance Custody, the network looks to expand its global reach and continue to provide safe and exciting products, features and services.
What are the benefits for DVI holders?
Due to the above induction training, DVI Token holders can now securely store their DVI tokens in Binance Custody’s offline cold storage facility. Additionally, Binance Custody offers institutional investors the ability to run a fully compliant storage service that can securely store virtual currencies through the use of cutting-edge technology, security breakthroughs, and innovative procedures.
Additionally, Binance Custody announced that it had obtained cold storage insurance in March. This insurance protects cryptocurrencies stored in cold storage from naming risks.It is underwritten by Lloyd’s of London’s Arch Syndicate 2012 and represented by LEAP (Lockton’s Emerging Asset Protection), a team of experts from Lockton Companies, the world’s largest independent insurance brokerage firm
About the business unit
Based on blockchain technology, Dvision Network is a Metaverse network determined to become the greatest NFT in the industry. Dvision Network uses its own virtual reality technology to build cutting-edge virtual world environments that lower the barriers to entry for all types of users around the world. As a result, designers, companies, and regular users may engage in a truly dynamic and memorable metaverse experience.visit department website, telegraph, Moderateand Twitter Channels for more information and frequent updates.
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