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Title: Insurance for exchange hack?! Post by: newbieshines on August 31, 2018, 09:50:08 AM Hey guys! As a supporter of PAL, I would like to share a good news with the community! You can now protect your favourite tokens from exchange hack on Binance, Huobi, Gate.io when you use P2P CryptoProtect from PolicyPal Network! COOL RIGHT?
http://www.policypal.network/p2p-cryptoprotect Title: Re: Insurance for exchange hack?! Post by: BADBITCH on August 31, 2018, 10:12:37 AM Yes I believe it’s cool
But regardless you need to provide facts that you were responsible for the hack in any form You need to prove that you did not compromise your account either Insurance is not just easy as it is written in the regulations It’s not worth it Title: Re: Insurance for exchange hack?! Post by: tsaroz on August 31, 2018, 10:15:56 AM There are many frauds and legal issues in real life insurance and it's going to be very difficult for both the insurance issuer and insurer to confirm a coverable insurance or claim one.
But we should be open to different approaches as crypto would soon be a large aspect of our lives. Title: Re: Insurance for exchange hack?! Post by: megasynk on August 31, 2018, 10:18:03 AM Wouldn't it be better to just hold all of your coins on your private wallet with your priv key other than living in stress every single day if the exchange will get hacked or not?
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