Which crypto custodian offers the best insurance coverage for digital assets?
nevaldasDec 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?
3 answers
- Dec 25, 2021 · 3 years agoWhen 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.
- Dec 25, 2021 · 3 years agoIf 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.
- Dec 25, 2021 · 3 years agoBYDFi, 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.
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