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Is itrustcapital FDIC insured for storing digital currencies?

avatarOpen UserDec 26, 2021 · 3 years ago6 answers

Can I trust itrustcapital to store my digital currencies knowing that they are FDIC insured?

Is itrustcapital FDIC insured for storing digital currencies?

6 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, itrustcapital is FDIC insured for storing digital currencies. This means that if anything were to happen to your digital assets while they are stored with itrustcapital, you would be protected up to $250,000 by the FDIC. It provides an extra layer of security and peace of mind for investors.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! itrustcapital is FDIC insured, which means that your digital currencies are protected by the Federal Deposit Insurance Corporation. This insurance coverage ensures that your assets are safeguarded in case of any unforeseen circumstances. So you can rest assured that your investments are in good hands.
  • avatarDec 26, 2021 · 3 years ago
    While itrustcapital is not FDIC insured for storing digital currencies, they have implemented robust security measures to protect your assets. They use a combination of cold storage and multi-signature wallets to ensure the safety of your digital currencies. Additionally, they have a strong track record of providing secure storage solutions for their customers.
  • avatarDec 26, 2021 · 3 years ago
    No, itrustcapital is not FDIC insured for storing digital currencies. However, they have implemented stringent security measures to protect your assets. They use industry-leading encryption technology and store the majority of their digital currencies in offline, cold storage wallets. While FDIC insurance provides an extra layer of protection, itrustcapital's security measures are designed to keep your assets safe.
  • avatarDec 26, 2021 · 3 years ago
    itrustcapital is a trusted platform for storing digital currencies. Although they are not FDIC insured, they have a solid reputation in the industry and have implemented strict security protocols to protect your assets. It's always a good practice to diversify your storage solutions and not rely solely on FDIC insurance.
  • avatarDec 26, 2021 · 3 years ago
    As a third-party, I can confirm that itrustcapital is not FDIC insured for storing digital currencies. However, they have implemented strong security measures to protect your assets. It's important to do your own research and consider multiple factors when choosing a platform to store your digital currencies.