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What are the coverage limits for BlockFi insurance?

avatarKamil ChmielowskiDec 16, 2021 · 3 years ago3 answers

Can you please provide more details about the coverage limits for BlockFi insurance? I would like to know what is the maximum amount of coverage provided and what types of assets are covered.

What are the coverage limits for BlockFi insurance?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    BlockFi insurance offers coverage limits that vary depending on the type of asset. For cryptocurrencies like Bitcoin and Ethereum, the coverage limit is up to $100 million. For stablecoins like USDC and GUSD, the coverage limit is up to $100 million as well. It's important to note that the coverage limits are subject to change and may vary based on market conditions and other factors. BlockFi works with reputable insurance providers to ensure the safety of your assets.
  • avatarDec 16, 2021 · 3 years ago
    When it comes to BlockFi insurance, you can rest assured that your assets are well protected. The coverage limits for cryptocurrencies like Bitcoin and Ethereum go up to $100 million, while stablecoins like USDC and GUSD are also covered up to $100 million. These coverage limits are designed to provide you with peace of mind and protect your investments. BlockFi takes the security of your assets seriously and works with top insurance providers to ensure that your funds are safe.
  • avatarDec 16, 2021 · 3 years ago
    BlockFi insurance offers comprehensive coverage limits for different types of assets. For cryptocurrencies such as Bitcoin and Ethereum, the coverage limit is set at $100 million. This means that in the event of a covered loss, you can be compensated up to this amount. The coverage limits for stablecoins like USDC and GUSD are also set at $100 million. It's important to note that these coverage limits are subject to change and may vary based on market conditions and other factors. BlockFi prioritizes the safety and security of your assets and works with trusted insurance providers to offer you the best coverage possible.