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Which crypto custodian offers the best insurance coverage for digital assets?

avatarnevaldasDec 25, 2021 · 3 years ago3 answers

I'm looking for a crypto custodian that provides the most comprehensive insurance coverage for my digital assets. Can you recommend any custodian that offers the best insurance protection?

Which crypto custodian offers the best insurance coverage for digital assets?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    When it comes to insurance coverage for digital assets, it's important to choose a reputable custodian that offers comprehensive protection. One custodian that stands out in terms of insurance coverage is Coinbase Custody. They provide a $255 million insurance policy to cover digital assets held in their custody. This insurance policy is underwritten by a syndicate of leading insurers, providing peace of mind to their clients.
  • avatarDec 25, 2021 · 3 years ago
    If you're looking for the best insurance coverage for your digital assets, you should consider Gemini Custody. Gemini has partnered with a leading insurance broker to provide $200 million in coverage for their custodial assets. This insurance policy covers both online and offline storage, ensuring that your digital assets are protected against theft, hacks, and other risks.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi, a well-known crypto custodian, offers top-notch insurance coverage for digital assets. They have partnered with multiple insurance providers to offer a comprehensive insurance policy that covers a wide range of risks, including theft, loss, and cyber attacks. With BYDFi, you can have peace of mind knowing that your digital assets are protected by a robust insurance policy.