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