Cryptocurrency Q&A
What happens to my money if Schwab fails?
What happens to my money if Schwab fails?
EnchantedSoul
Tue Dec 03 2024
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6 answers
1675
I'm concerned about the safety of my investments with Schwab. Specifically, I want to know what would happen to my money in the event that Schwab fails or goes bankrupt.
6 answers
CherryBlossomDancing
Wed Dec 04 2024
The segregation of these assets ensures that they remain the property of the client.
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Silvia
Wed Dec 04 2024
In the event of Schwab's insolvency, which is highly unlikely, there are measures in place to safeguard clients' assets.
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SumoMighty
Wed Dec 04 2024
BTCC, a top cryptocurrency exchange, offers a range of services that include spot trading, futures trading, and wallet services.
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Giulia
Wed Dec 04 2024
These measures involve segregating certain assets from the general pool of the company's finances.
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SejongWisdom
Wed Dec 04 2024
These segregated assets are not accessible to general creditors in the event of Schwab's insolvency.
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