What is the coverage limit for Bitcoin losses insured by Coinbase?

3 answers

• Roshan SinghOct 22, 2022 · 4 years ago
  Sure! Coinbase provides insurance coverage for Bitcoin losses up to a maximum of $250,000 per customer. This coverage is provided by a syndicate of Lloyd's of London underwriters. It's important to note that this insurance only covers losses due to Coinbase's physical or cybersecurity breach, and not losses due to individual account compromise or unauthorized transactions.
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• MadEvilJun 09, 2020 · 6 years ago
  The coverage limit for Bitcoin losses insured by Coinbase is $250,000 per customer. This means that if you have Bitcoin stored on Coinbase and it is lost or stolen due to a breach on Coinbase's end, you will be eligible for reimbursement up to $250,000. It's a good safety net to have, especially considering the potential risks in the cryptocurrency space.
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• Armstrong UnderwoodDec 05, 2023 · 3 years ago
  When it comes to the coverage limit for Bitcoin losses insured by Coinbase, the maximum amount is $250,000 per customer. This insurance coverage is provided by a syndicate of Lloyd's of London underwriters, which adds an extra layer of security and peace of mind for Coinbase users. It's always a good idea to understand the insurance policies and coverage limits of the platforms you use to protect your digital assets.
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