FAQ: Understanding iTrustCapital's Premium Custody Account for Secure Cryptocurrency Transactions

What is iTrustCapital’s Premium Custody Account?

iTrustCapital’s Premium Custody Account (PCA) is a secure, closed-loop system designed for buying, selling, and holding cryptocurrencies, where assets cannot be transferred out except as U.S. dollars to a linked bank account.

Why is the Premium Custody Account considered more secure?

The PCA is more secure because it operates on a closed-loop system, preventing crypto transfers out of the account and storing assets off iTrustCapital’s balance sheet with top-tier U.S.-based custodians, reducing hacking risks.

How does the closed-loop system work?

Clients can fund their PCA with U.S. dollars or in-kind crypto deposits, but can only withdraw funds in U.S. dollars to their linked U.S. bank account, with no connection to external wallets to prevent unauthorized access.

Who can benefit from using iTrustCapital’s Premium Custody Account?

Cryptocurrency investors looking for a more secure way to buy, sell, and hold digital assets without the risks associated with traditional exchanges or self-custody can benefit from the PCA.

When was the Premium Custody Account launched?

The Premium Custody Account was launched in March 2025.

Where are the digital assets stored in the PCA?

Digital assets in the PCA are stored one-to-one and off iTrustCapital’s balance sheet with top-tier U.S.-based custodians like Coinbase Institutional Custody and Fireblocks.

What are the implications of using a Premium Custody Account?

Using a PCA means enhanced security for cryptocurrency transactions, as assets are never leveraged, loaned out, or commingled with business operations, ensuring clients retain full ownership at all times.

How does the PCA compare to traditional cryptocurrency exchanges?

Unlike traditional exchanges, the PCA offers a closed-loop system that significantly reduces the risk of hacks and unauthorized access by eliminating connections to external wallets and storing assets with reputable custodians.

What should potential users know before opening a Premium Custody Account?

Potential users should know that while the PCA offers enhanced security, withdrawals are only possible in U.S. dollars to a linked U.S. bank account, and crypto cannot be transferred out directly.

Who do I contact for more information about the Premium Custody Account?

For more information, interested individuals can visit iTrustCapital’s website.