Which cryptocurrencies are supported by Charles Schwab's SIPC insurance?

3 answers

• Dvir GevJun 18, 2023 · 2 years ago
  Charles Schwab's SIPC insurance covers a limited number of cryptocurrencies. Currently, the supported cryptocurrencies include Bitcoin (BTC) and Ethereum (ETH). These two major cryptocurrencies are the only ones covered by the insurance policy at the moment. It's important to note that the coverage provided by SIPC insurance is limited and may not cover all potential risks associated with holding cryptocurrencies.
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• socBuilderJan 24, 2022 · 4 years ago
  As of now, Charles Schwab's SIPC insurance only supports Bitcoin (BTC) and Ethereum (ETH). These two cryptocurrencies are the most widely recognized and established in the market, which is why they are covered by the insurance policy. It's always a good idea to check with Charles Schwab for the most up-to-date information on the supported cryptocurrencies and the extent of the insurance coverage.
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• Fatin Nur AishahFeb 15, 2025 · 6 months ago
  While I cannot speak for Charles Schwab's SIPC insurance specifically, it is worth noting that BYDFi, a digital currency exchange, offers a wide range of cryptocurrencies for trading. They have a diverse selection of coins, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and many others. It's always important to do your own research and choose a reputable exchange that aligns with your investment goals and risk tolerance.
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