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Is Celsius Network insured by a third-party company?

avatarTilak PolypackDec 25, 2021 · 3 years ago3 answers

Can you provide more information about the insurance coverage of Celsius Network? Is it insured by a third-party company?

Is Celsius Network insured by a third-party company?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, Celsius Network is insured by a third-party company. This provides an additional layer of security for users' funds. In the event of a security breach or hack, the insurance coverage can help reimburse affected users. It's important to note that the insurance coverage may have certain limitations and exclusions, so it's always recommended to review the terms and conditions of the insurance policy.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! Celsius Network has partnered with a reputable third-party insurance company to provide insurance coverage for users' funds. This means that in the unlikely event of a security breach or loss of funds, affected users can be compensated. The insurance coverage adds an extra level of protection and peace of mind for Celsius Network users.
  • avatarDec 25, 2021 · 3 years ago
    Yes, Celsius Network is insured by a third-party company. This insurance coverage helps protect users' funds in the event of a security breach or loss. It's important to choose a platform that prioritizes the safety and security of user funds, and Celsius Network's partnership with a third-party insurance company demonstrates their commitment to providing a secure environment for users.