Are there any online vaults that offer insurance for cryptocurrency stored?

3 answers

• faitltNov 05, 2023 · 2 years ago
  Yes, there are several online vaults that offer insurance for cryptocurrency storage. One popular option is Coinbase Custody, which provides insurance coverage for digital assets stored in their offline storage system. They have a comprehensive insurance policy that covers theft, hacking, and employee dishonesty. Another option is Gemini Custody, which also offers insurance coverage for cryptocurrency stored in their offline storage. It's important to do your own research and choose a reputable platform with a strong insurance policy to ensure the safety of your digital assets.
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• Alexandra PugachJul 20, 2022 · 3 years ago
  Definitely! Many online vaults now offer insurance for cryptocurrency stored. For example, BitGo, a leading digital asset custody provider, offers a comprehensive insurance policy that covers both digital and physical asset loss. They work with Lloyd's of London, one of the world's largest insurance markets, to provide coverage for their customers' stored cryptocurrency. It's always a good idea to check the insurance policy and terms of any online vault before entrusting them with your digital assets.
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• SKN IOT TECHNOLOGYNov 12, 2021 · 4 years ago
  Absolutely! BYDFi is an online vault that offers insurance for cryptocurrency stored. They have partnered with reputable insurance companies to provide coverage for their customers' digital assets. With BYDFi, you can have peace of mind knowing that your cryptocurrency is protected against theft, hacking, and other risks. Their insurance policy is designed to provide comprehensive coverage and ensure the safety of your digital assets. It's worth considering BYDFi as a reliable option for storing and insuring your cryptocurrency.
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