Cryptocurrency Q&A Is Coinsquare insured?

Is Coinsquare insured?

KimchiQueenCharmingKiss KimchiQueenCharmingKiss Mon Dec 02 2024 | 6 answers 1533
I'm considering using Coinsquare for my cryptocurrency transactions, but before I do, I want to make sure that it's a SAFE and secure platform. Therefore, I'm wondering if Coinsquare is insured in case of any unexpected events. Is Coinsquare insured?

6 answers

Claudio Claudio Wed Dec 04 2024
Each Custodian maintains separate coverage for the Digital Assets they hold on behalf of their respective clients.

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EnchantedSeeker EnchantedSeeker Wed Dec 04 2024
Coinsquare, as a provider of Hot Wallet services, has implemented insurance measures to safeguard against potential losses incurred by users of its Services.

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Andrea Andrea Wed Dec 04 2024
The Custodians, who are responsible for the safekeeping of Digital Assets on behalf of clients, have also taken out insurance policies.

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CherryBlossomFalling CherryBlossomFalling Wed Dec 04 2024
These insurance policies are designed to cover specific losses that may occur in relation to the use of the Services by clients.

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StormGlider StormGlider Tue Dec 03 2024
This means that the Digital Assets you own, which are being custodied by one of the Custodians, are protected under their insurance policy.

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