Crypto Custodian BitGo Launches 24/7 Withdrawal Support

Announcements, News | March 18, 2022 By:

Digital asset custodian BitGo has announced the launch of 24/7 withdrawal support.

BitGo’s 24/7 withdrawal support is a first-of-its-kind solution that provides the company’s clients the ability to transact at any time with the security of holding their digital assets in cold storage. According to BiGo, the solution is offered through its custodial platform BitGo Trust Company, led by President Cassie Lentchner, the first female president of a crypto custody bank.

“Digital asset markets are open for trading 24/7 and digital asset holders deserve around-the-clock access to their assets. Through BitGo’s 24/7 withdrawal support, they are finally able to receive this service 24 hours a day, seven days a week,” said Lentchner. “The digital asset ecosystem is growing at a rapid pace and as such, it is critical that we continue to provide the most comprehensive solutions to our broad customer base, which spans from leading exchanges to some of the top financial firms and investors. I’m proud of our best-in-class team for creating this game-changing solution and look forward to continuing to provide unmatched accessibility and security to the digital asset economy.”

“Security is always top-of-mind for investors globally as they look to ensure their digital assets are safe and protected,” said Chris Kline, COO and co-founder of Bitcoin IRA. “BitGo’s latest safeguard enhancement goes beyond the traditional security requirements, establishing a new industry standard and giving investors peace of mind. This is exactly what our clients are looking for as both institutional and retail players move into the digital asset arena and we are excited to incorporate this development into our platform for our clients and their crypto.”