PRESS RELEASE. In another groundbreaking achievement, blockchain-based metaverse platform Dvision Network has just announced its official onboarding to Binance Custody. As such, Binance’s custody services arm will support deposits and withdrawals of Dvision’s native token, DVI, on its platform. Support for DVI tokens on Binance Custody is deployed cross-chain, supporting both ERC-20 and BEP-20 versions of Dvision’s native token.
What is there to know?
through the The official Binance Custody Twitter account, It was announced that it is currently accepting DVI token deposits and withdrawals for Dvision Network in its custody service. Binance Custody’s platform undergoes an independent SOC 2 audit to validate its operational security. With this in mind, Binance employs secure MPC (Multi-Party Computing) to distribute control over client funds, greatly reducing the dangers associated with centralization.
Additionally, Dvision Network has established itself as an initiative that values security and transparency in token management after offering cold storage services with Coinbase Custody earlier last year. With the latest Binance Custody announcement, the network aims to expand its global reach while continuing to provide safe and exciting products, features and services.
What are the advantages of DVI holders?
Thanks to the onboarding mentioned above, DVI token holders can now safely store their DVI tokens in Binance Custody’s offline cold storage. In addition, Binance Custody offers institutional investors the opportunity to operate a fully compliant storage service that can securely store virtual currencies through the use of cutting-edge technology, security breakthroughs and innovative practices.
Additionally, Binance Custody announced that it purchased cold storage insurance in March. This insurance protects the cryptocurrency stored in cold storage from named dangers. It is underwritten by Arch Syndicate 2012 at Lloyd’s of London and brokered by the specialist team LEAP (Lockton’s Emerging Asset Protection) of the world’s largest independent insurance broker, Lockton Companies.
Based on blockchain technology, Dvision Network is an NFT metaverse network that aspires to be the largest in the entire industry. Dvision Network uses its proprietary virtual reality technology to build a state-of-the-art Metaverse environment and lower the barriers to entry for all types of users worldwide. As a result, designers, businesses, and general users can participate in a truly dynamic and memorable Metaverse experience. Visit the website of Dvision, Telegram, Medium and Twitter Channels for additional information and frequent updates.
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