Are there any limitations or exclusions in Coinbase's insurance policy for cryptocurrencies?

3 answers

• Dec 25, 2021 · 3 years ago
  Coinbase's insurance policy for cryptocurrencies does have certain limitations and exclusions. While the policy provides coverage for digital assets held in Coinbase's online storage, it does not cover losses resulting from unauthorized access to individual accounts. Additionally, losses caused by user error, such as sending funds to the wrong address, are not covered by the insurance policy. It's important for users to understand the specific terms and conditions of the policy to ensure they are aware of any limitations or exclusions.
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• Dec 25, 2021 · 3 years ago
  Yes, there are limitations and exclusions in Coinbase's insurance policy for cryptocurrencies. The policy typically covers losses resulting from hacking, theft, or other security breaches. However, it may not cover losses resulting from market volatility or fluctuations in the value of cryptocurrencies. It's important for users to carefully review the policy and understand the specific coverage and limitations before relying on it for protection of their digital assets.
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• Dec 25, 2021 · 3 years ago
  As a third-party observer, it's worth noting that Coinbase's insurance policy for cryptocurrencies does have certain limitations and exclusions. While the policy provides coverage for digital assets held in Coinbase's online storage, it may not cover losses resulting from user negligence or unauthorized access to individual accounts. It's important for users to carefully review the terms and conditions of the policy to understand the extent of the coverage and any potential limitations or exclusions.
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