I'm concerned about the safety of my funds in Coinbase. I want to know if my money is protected in case of any security breaches or if the platform encounters any financial troubles.
7 answers
HallyuHeroLegend
Sat Dec 07 2024
The insurance of digital assets is a significant concern for many users.
Nicola
Sat Dec 07 2024
To address this, Coinbase offers crime insurance to its customers.
CryptoPioneer
Sat Dec 07 2024
This insurance is specifically designed to protect digital assets held in Coinbase's storage systems.
CryptoKing
Sat Dec 07 2024
A portion of the digital assets held by Coinbase is covered by this insurance.
Carlo
Fri Dec 06 2024
The insurance is effective against losses resulting from theft, which includes cybersecurity breaches.