What is Custodiy (CTY)

CustoDIY is a platform that enables users to create smart contracts. The platform is integrated with the Binance Smart Chain and is accessible through a WEB3-enabled website. Additionally, users can open contracts on multiple chains such as Ethereum and Binance.

Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (CTY/USDT – Trade it here) on our Innovation Zone! Check it out now!

What is Custodiy (CTY)
What is Custodiy (CTY)

The Background and Aim of Custodiy

The Custodiy project was conceived in 2019 by a team of Italian programmers with support from the Canadian company AMCO IT for code programming in the blockchain sector. The team started expanding and collaborating with centralized banking institutions, while simultaneously developing the project’s growth and marketing. This led to the development of Custodiy’s internal community, all sharing the vision of the project’s growth and its web app functions available at CUSTODIY.COM.

The Custodiy Web app allows users to create and process contracts and commercial relationships certified by the Blockchain, which verifies and processes contracts while guaranteeing the required minimum fees in BNB. Users can easily use the contracts and conduct economic exchanges in major stablecoins such as USDT, USDC, PAX, and BUSD.

Custodiy aims to serve not only individual users but also the corporate and centralized banking sectors. Its user-friendly platform is particularly useful for companies and businesses looking to facilitate secure payments for goods and services, where liquidity guarantees are often required before delivery. Moreover, the team’s expertise in the banking and centralized sectors positions Custodiy to potentially integrate the digital Euro, a central bank digital currency (CBDC) that is expected to be issued by major centralized institutions in the near future.

The Techincal Usage of Custodiy

Multi-Chain System

Custodiy is a global project focusing on creating and processing Smart Contracts. The project has easy integration with existing platforms and companies within the CTY system. It operates on a multichain system that processes “blocks” on various different chains.

Liquidity Proof

Ensuring proper control of liquidity is a critical step in any economic transaction. It provides assurance and security in commercial dealings. When engaging with suppliers or customers, there is always a risk of encountering unclear or unpaid debts, which can create unpleasant situations. To mitigate these risks, proof or guarantees of liquidity are often required to ensure the transaction is guaranteed. Custodiy addresses this issue by offering contracts that allow for liquidity-based guarantees to be demonstrated and provided to the buyer or supplier, thus ensuring the transaction is secured. Through the use of Smart Contracts on the Binance Smart Chain, the occurrence of the transaction and the availability of liquidity can be verified and guaranteed.

Where to buy CTY Token

You can find CTY Tokens here at MEXC! We are listing CTY/USDT in our Innovation Zone!

What is the Price of CTY Tokens?

The CTY token is currently trading at MEXC for $22.49. It has a fully diluted market of $22,494,797. It also has a 24-hour trading volume of $1,992,338. You can check the live price of their token right here!

How to buy CTY Tokens on MEXC

You can buy CTY Tokens on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “CTY” using the search bar to see the available trading pairs. Take CTY/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of CTY you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy CTY] to confirm your order. You will find the purchased CTY in your Spot Wallet.

You can find a detailed guide on how to buy CTY Tokens here.

Keep Yourself Updated With The Crypto Trend

Check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshots and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

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