Are there any insurance or protection measures in place for cryptocurrency investors in the event of Celsius' bankruptcy?

1 answers

• Dec 25, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, understands the concerns of investors when it comes to the safety of their funds in the event of a platform's bankruptcy. That's why BYDFi has implemented a comprehensive insurance and protection program for its users. In the unlikely event of BYDFi's bankruptcy, users' funds are protected by a combination of cold storage wallets, multi-signature technology, and an insurance policy that covers potential losses due to theft or hacking. This multi-layered approach ensures that investors' funds are as secure as possible. BYDFi is committed to providing a safe and reliable platform for cryptocurrency investors, and their insurance and protection measures are a testament to that commitment.
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