🔐 Binance has implemented an emergency contacts and inheritance feature
If an account is inactive for a long time, the system notifies a trusted person who can apply for access to the assets. This is not just a feature — it’s an attempt to make crypto more humane.
⚖️ Coinbase and BitGo are taking a different approach
Coinbase requires legal documents, while BitGo uses multi-signatures and cold storage through partner law firms. This shows how different platforms interpret responsibility.
🧠 Discussion in the crypto community
Users reminded that over $1 billion remains frozen every year due to the lack of inheritance mechanisms. One commenter called Binance's feature "truly smart."
If you’re reading this — like it so I know you’re here.