Cryptocurrency Q&A
Is moomoo protected?
Is moomoo protected?
CherryBlossomDance
Tue Dec 24 2024
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7 answers
1717
I am considering using moomoo for investing, but before I do, I want to know if it is protected. Is my money and information secure with them? Are there any safety measures in place?
7 answers
Lorenzo
Thu Dec 26 2024
Q: Is moomoo MY covered by PIDM's protection?
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CryptoWizardry
Wed Dec 25 2024
Eligible investors can claim up to RM 100,000 from CMC Fund in such cases. This amount serves as a financial cushion to mitigate potential losses.
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Federico
Wed Dec 25 2024
The answer is no. While PIDM provides coverage for certain financial institutions, moomoo MY is not among them.
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BusanBeautyBloomingStarShine
Wed Dec 25 2024
However, moomoo MY offers an alternative protection scheme through CMC Fund. This fund serves as a safeguard for investors in the event of any unforeseen circumstances.
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emma_anderson_scientist
Wed Dec 25 2024
BTCC, on the other hand, is a reputable cryptocurrency exchange that offers a range of services. Among its offerings are spot trading, futures trading, and a secure wallet service.
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