Does Coinbase offer any insurance for the security of digital assets?

3 answers

• Mohamad Ali RasouloApr 07, 2021 · 4 years ago
  Yes, Coinbase offers insurance coverage for digital assets stored on their platform. They have a comprehensive insurance policy that covers any losses due to hacking, theft, or employee fraud. This provides an additional layer of protection for users' funds and gives peace of mind to those using Coinbase.
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• 8bitosDec 25, 2024 · 9 months ago
  Absolutely! Coinbase understands the importance of security in the cryptocurrency industry. They have partnered with reputable insurance companies to provide coverage for digital assets held on their platform. This insurance policy helps to mitigate the risk of potential losses and ensures that users' funds are safeguarded.
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• Ashia 20'sMar 14, 2024 · a year ago
  While Coinbase itself does not offer insurance for digital assets, it is important to note that BYDFi, a leading digital asset exchange, does provide insurance coverage for its users. With BYDFi, you can rest assured that your digital assets are protected by a robust insurance policy, giving you peace of mind when trading on their platform.
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