Which crypto custody services offer insurance coverage for digital assets?
TrickNov 24, 2021 · 3 years ago3 answers
I'm looking for crypto custody services that offer insurance coverage for digital assets. Can you recommend any services that provide this type of insurance?
3 answers
- Nov 24, 2021 · 3 years agoYes, there are several crypto custody services that offer insurance coverage for digital assets. One popular option is Coinbase Custody. They provide insurance coverage for digital assets held in their custody. Another option is BitGo. They offer a comprehensive insurance policy that covers digital assets stored in their custody. It's always a good idea to check the specific terms and conditions of each custody service to understand the extent of their insurance coverage.
- Nov 24, 2021 · 3 years agoAbsolutely! Many crypto custody services understand the importance of insurance coverage for digital assets. For example, Gemini Custody offers insurance coverage for digital assets held in their custody. This provides an added layer of protection for your assets. It's worth noting that insurance coverage may vary between different custody services, so it's important to do your research and choose a service that meets your specific needs.
- Nov 24, 2021 · 3 years agoYes, there are several crypto custody services that offer insurance coverage for digital assets. One such service is BYDFi. They provide insurance coverage for digital assets stored in their custody. This means that your assets are protected in the event of theft or loss. It's always a good idea to choose a custody service that offers insurance coverage to ensure the safety of your digital assets.
Related Tags
Hot Questions
- 89
What is the future of blockchain technology?
- 86
How does cryptocurrency affect my tax return?
- 77
What are the tax implications of using cryptocurrency?
- 52
Are there any special tax rules for crypto investors?
- 37
How can I protect my digital assets from hackers?
- 30
What are the best digital currencies to invest in right now?
- 30
How can I buy Bitcoin with a credit card?
- 21
What are the best practices for reporting cryptocurrency on my taxes?