Does Coinbase have an insurance policy for digital assets?

3 answers

• Mar 19, 2022 · 3 years ago
  Yes, Coinbase has an insurance policy in place to protect digital assets held on the platform. The insurance coverage is provided by a syndicate of Lloyd's of London underwriters, which provides coverage against theft and hacking of Coinbase's online storage. The policy covers Coinbase's hot wallet and cold storage, providing an additional layer of protection for users' digital assets.
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• Mar 19, 2022 · 3 years ago
  Absolutely! Coinbase understands the importance of security and has taken steps to protect users' digital assets. The insurance policy covers a wide range of risks, including theft, hacking, and employee theft. This gives users peace of mind knowing that their assets are protected in the event of any unforeseen circumstances.
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• Mar 19, 2022 · 3 years ago
  Yes, Coinbase has an insurance policy for digital assets. The policy is designed to protect users' funds in the event of a security breach or hacking incident. It provides coverage for both hot and cold wallets, ensuring that users' assets are safe and secure. This insurance policy is an important feature that sets Coinbase apart from other exchanges and demonstrates their commitment to the security of their users' funds.
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