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What is the process for setting up a trust company with Coinbase Custody?

avatarPranta SarkerNov 24, 2021 · 3 years ago3 answers

Can you explain the step-by-step process for establishing a trust company with Coinbase Custody? I'm interested in the requirements, documentation, and any specific procedures involved.

What is the process for setting up a trust company with Coinbase Custody?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    Setting up a trust company with Coinbase Custody is a straightforward process. First, you need to meet the eligibility criteria set by Coinbase. This includes having a legal entity, such as a corporation or limited liability company, and meeting certain financial requirements. Once you meet the criteria, you can proceed with the application process. To apply, you will need to provide documentation such as your company's formation documents, proof of address, and identification documents for the individuals involved. Coinbase will also conduct a thorough background check on the individuals and the company. Once your application is approved, you will need to sign the necessary agreements and complete any additional requirements specified by Coinbase. This may include setting up a Coinbase Custody account and funding it with the required minimum balance. Overall, the process for setting up a trust company with Coinbase Custody involves meeting the eligibility criteria, submitting the required documentation, undergoing a background check, and completing any additional requirements specified by Coinbase.
  • avatarNov 24, 2021 · 3 years ago
    If you're interested in setting up a trust company with Coinbase Custody, you're in luck! The process is quite straightforward. First, make sure you meet the eligibility criteria, which includes having a legal entity and meeting certain financial requirements. Once you're eligible, you can start the application process. To apply, you'll need to gather the necessary documentation, such as your company's formation documents, proof of address, and identification documents. Coinbase will review your application and conduct a background check on the individuals and the company. If your application is approved, you'll need to sign the required agreements and fulfill any additional requirements specified by Coinbase. This may include setting up a Coinbase Custody account and funding it with the minimum balance. In summary, setting up a trust company with Coinbase Custody involves meeting the eligibility criteria, submitting the required documentation, undergoing a background check, and fulfilling any additional requirements specified by Coinbase.
  • avatarNov 24, 2021 · 3 years ago
    When it comes to setting up a trust company with Coinbase Custody, the process is quite straightforward. First, you'll need to meet the eligibility criteria set by Coinbase. This includes having a legal entity, such as a corporation or limited liability company, and meeting certain financial requirements. Once you meet the criteria, you can start the application process. You'll need to gather the necessary documentation, such as your company's formation documents, proof of address, and identification documents for the individuals involved. Coinbase will review your application and conduct a background check on the individuals and the company. If your application is approved, you'll need to sign the necessary agreements and complete any additional requirements specified by Coinbase. This may include setting up a Coinbase Custody account and funding it with the required minimum balance. In conclusion, setting up a trust company with Coinbase Custody involves meeting the eligibility criteria, submitting the required documentation, undergoing a background check, and fulfilling any additional requirements specified by Coinbase.