Dear Bithumb Global Users：
Bithumb Global will list CUST digital asset service on GEM board, details are as follows.
Deposits will be available on: Sep 24th, 2019 at 15:00(UTC+8) Deposit here >>
Trading will be available on：Sep 25th, 2019 at 15:00(UTC+8) Trading here >>
Project Name：Custody Token
Custody Token is main means of payment for Xtock custody service. Through the Global Custom Alliance Partnership, Xtock Limited will be developed with major blockchain and Custody related companies to help the exchange secure affordable services, liquidity to Custody, Cold Wallet Manufacturing and Security, and to enable CUST Ecosystem to be used more.
With the development of virtual currency and blockchain technologies, the definition of custodian and asset ownership has begun to expand. Blockchain technology can provide a clearer answer to asset ownership because it can confirm transactions without verification by the centralization server.
CUST add secure verification procedures and payment liquidity to traditional custodian processes to enable easy participation of global custodian services
- Designed for double-validated inputs and withdrawals
The advantage of blockchain industry is that it is possible to control custodian asset transactions and should ensure the safety of transactions. Therefore, investors should be able to check and report transaction records and investors' lists for safe transactions, and apply blockchain technology to make them accessible to anyone. Information management is also critical in managing an investor's assets. Numerous records exist in custodian business, including investor personal information, invoice, wallet address, balance and trust history. We need to be able to prevent cases where this key information is being used against hacking.
- Provide an integrated means of payment.
Xtock's CUST CUSTOMERY token is the payment method for all custard assets, USD remittance, currency transfer, custodian and set-up, and provides services at a cost of one hundredth of the existing custodian fee.
CUST token is designed for the above two purposes. CUST will make custodian users of multi-country global companies, institutions, individuals and others safer and easier to use.
Total Supply：10,000,000,000 CUST
Circulating Supply：200,000,000 CUST
Official Website： https://www.xtock.io/custody
There are significant risks in trading digital asset. Please consider carefully whether digital assets trading are appropriate to your financial situation.
Bithumb Global Team
Sep 23, 2019