BTC and insurence policy

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Topic: BTC and insurence policy (Read 232 times)

ye..baby (OP)

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BTC and insurence policy

October 05, 2017, 06:15:23 PM

Is there any insurance policy available in crypto system like the typical banking system? curious about it.

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LoyceV

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Re: BTC and insurence policy

October 05, 2017, 06:19:43 PM

Quote from: ye..baby on October 05, 2017, 06:15:23 PM

Is there any insurance policy available in crypto system like the typical banking system? curious about it.

No. Crypto is too volatile for that.

Byteball offers flight delay insurance though, as a demonstration of it's capabilities.

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Intensity

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Re: BTC and insurence policy

October 06, 2017, 02:50:32 AM

Coinbase offers insurance on digital currency they hold for you in the US. I don't know of anybody else who offers this.

https://support.coinbase.com/customer/portal/articles/1662379-how-is-coinbase-insured-

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Re: BTC and insurence policy

October 06, 2017, 03:18:35 AM

Quote from: ye..baby on October 05, 2017, 06:15:23 PM

Is there any insurance policy available in crypto system like the typical banking system? curious about it.

I haven't heard of any.

What would you want insurance for? The price? Tell us more.

o_e_l_e_o

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Re: BTC and insurence policy

October 08, 2017, 10:55:45 AM

Your insurance policy is your Wallet Recovery Phrase which you should write down and keep somewhere private, safe and secure.

tyuner4

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Re: BTC and insurence policy

October 08, 2017, 03:47:22 PM

I haven't heard from insurance policy in the crypto world or any insurance companies accepting BTC.

Insurance is in the milestone of Change Bank, I read that users will be able to buy insurance from its app in the future.

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