Cryptocurrency Q&A
Does Robinhood insurance cover cryptocurrencies?
Does Robinhood insurance cover cryptocurrencies?
lucas_lewis_inventor
Thu Nov 14 2024
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7 answers
1980
I'm considering investing in cryptocurrencies on Robinhood, but before I do, I want to make sure that my investments will be protected. Does Robinhood's insurance policy cover cryptocurrencies?
7 answers
Maria
Sat Nov 16 2024
It serves as a safeguard for users' funds in case of any unforeseen circumstances.
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JejuSunshine
Sat Nov 16 2024
Robinhood provides its customers with FDIC insurance.
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Dario
Sat Nov 16 2024
This insurance covers cash in spending accounts up to a maximum of $250,001.
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MatthewThomas
Fri Nov 15 2024
However, it's important to note that cryptocurrency investments are not covered by either FDIC or SIPC insurance.
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CryptoVisionary
Fri Nov 15 2024
Additionally, the Securities Investor Protection Corporation, or SIPC, offers protection for securities.
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