Managed Custody - FAQ's

Created by Deepak Nayak, Modified on Fri, 26 Jul at 2:56 PM by Deepak Nayak


TABLE OF CONTENTS





  • What is Managed Custody?

Managed Custody is a service where Liminal takes responsibility for the safekeeping of digital assets, holding the private keys on behalf of your organization




  • Who should use Managed Custody?

It is ideal for institutional companies and investors that prefer not to handle the security and daily operations of their digital assets and want to delegate it to certified, licensed and compliant experts.




  • How can I store my assets in Managed Custody?

You can access your assets through the Vaults user interface, with transactions requiring approvals from the Liminal Custody Team for added security.




  • Is Managed Custody compliant with regulations?

Yes, Liminal Managed Custody is designed to comply with relevant regulatory standards, ensuring legal and secure management of digital assets.




  •  How do I transfer assets to Managed Custody?

Assets can be transferred by sending them from your current wallet to a Liminal wallet address in your organization.




  • Can I switch from Self Custody to Managed Custody?

Yes, you can switch your organization from Self Custody to Liminal Managed Custody by coordinating with Liminal in transferring the control of your private keys.




  • What happens if Liminal is compromised?

Liminal has robust disaster recovery and incident response plans to handle potential security breaches, aimed at minimizing impact on clients.




  • How quickly can I withdraw assets from Managed Custody?

Withdrawal times can vary based on security protocols and the specific types of transactions, but Liminal aims to process requests efficiently. For your reference, please find details on SLA Liminal 


Custody in this link:

https://support.liminalcustody.com/support/solutions/articles/1060000080605-liminal-support-service-levels




If you have any questions or queries please reach out to us at support@lmnl.app
















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