What is the amount of insurance provided by Coinbase for Bitcoin losses?

3 answers

• Don LawsonMar 22, 2024 · 2 years ago
  Coinbase offers insurance coverage for Bitcoin losses up to $250,000 per customer. This coverage applies to both offline (cold) storage and online (hot) storage of Bitcoin. It provides an additional layer of protection for users in case of theft, hacking, or other security incidents.
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• Gueye BirahimDec 25, 2023 · 2 years ago
  The insurance coverage provided by Coinbase for Bitcoin losses is up to $250,000 per customer. This means that if your Bitcoin holdings on Coinbase are lost or stolen due to a security breach, you may be eligible for reimbursement up to the insured amount. It's important to note that this insurance coverage is subject to certain terms and conditions, so it's recommended to review Coinbase's insurance policy for more details.
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• Cracote67Nov 07, 2021 · 4 years ago
  When it comes to insurance coverage for Bitcoin losses, Coinbase has partnered with a leading insurance company to provide coverage of up to $250,000 per customer. This insurance applies to both online and offline storage of Bitcoin, ensuring that users are protected in case of any unfortunate events. It's always a good idea to have an additional layer of security and protection when dealing with digital assets like Bitcoin.
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