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> Coinbase is insured by AON Insurance for their hot wallet balance. Insurance policies for bitcoins are very new and very tricky. This is not an FDIC or SPIC
by notyourday 9y ago
> Coinbase is insured by AON Insurance for their hot wallet balance.
Insurance policies for bitcoins are very new and very tricky. This is not an FDIC or SPIC insurance unless AON is insuring cash balances you should treat this insurance as you would treat mob protection - hopefuly you won't need it because if you do you are kind of screwed and probably won't be able to collect.