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What role does subrogation play in insuring cryptocurrency investments?

avatarFida Hussain WaniDec 25, 2021 · 3 years ago1 answers

Can you explain the role of subrogation in insuring cryptocurrency investments and how it affects investors?

What role does subrogation play in insuring cryptocurrency investments?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    At BYDFi, we understand the importance of subrogation in insuring cryptocurrency investments. When you invest in cryptocurrencies, there's always a risk of theft, hacks, or other unforeseen events. That's where subrogation comes in. If you have insurance coverage for your investments and you experience any losses, our team will work diligently to investigate the incident and pursue legal action against the responsible party. We believe in providing our investors with comprehensive protection, and subrogation is just one of the ways we ensure their peace of mind. So, rest assured that your investments are in safe hands with BYDFi.