I'm considering investing in Gemini coin, but before I do, I want to know if it's insured. I've heard of other cryptocurrencies being insured against loss or theft, so I'm wondering if the same applies to Gemini coin.
5 answers
HallyuHeroine
Wed Oct 30 2024
Cryptoasset transactions are not protected by the FSCS scheme.
Elena
Tue Oct 29 2024
Despite this, Gemini provides insurance coverage for certain types of losses.
Davide
Tue Oct 29 2024
This insurance applies to the crypto held on your behalf in Gemini's online hot wallet.
mia_anderson_painter
Tue Oct 29 2024
The insurance coverage is subject to certain limitations.
Caterina
Tue Oct 29 2024
Gemini is committed to ensuring the security of your crypto assets.