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Author Topic: Bitcoin insurance.  (Read 933 times)
FrancePG
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October 08, 2018, 11:11:09 AM
 #141

Hi I eagerly want to that is there any insurance company that offers services to protect investment in btc or any cryptocurrency. If you know please share.

For themselves, they have long drawn conclusions, this was the decision.I'm not good at English, but I realized that they want to strain the exchange to be verified among traders.

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October 08, 2018, 11:12:44 AM
 #142

Hi I eagerly want to that is there any insurance company that offers services to protect investment in btc or any cryptocurrency. If you know please share.


If theres one for sure that is scammy so beware.

This is impossible to provide mate because cryptocurrency is anonymous and insuring our assets needs personal identification,or else you will be dealing with anonymous company also that might be “fly by night”
So stop looking for crypto insurance instead keep your security safer and prevent from entering hack sites
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October 08, 2018, 12:25:02 PM
 #143

Hi I eagerly want to that is there any insurance company that offers services to protect investment in btc or any cryptocurrency. If you know please share.


I don't know if there are any services like that, but if there is, I think many of us will try their services since, in cryptocurrency, there is no guarantee for us always to make a profit. But they need to know a lot of things about cryptocurrency so they can guarantee their customer to get protection investment and their customer can be calm down. I don't know what will the government say if they found this insurance services and I think the government will need to prepare the regulations so they can be safe for their customer.

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Yantoaja
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October 08, 2018, 03:57:05 PM
 #144

Hi I eagerly want to that is there any insurance company that offers services to protect investment in btc or any cryptocurrency. If you know please share.


Until now, I do not know that there is an insurance that will cover cryptocurrency investments, even to cover stock investments, insurance companies will still think many times, and if it is to cover cryptocurrency investments, you will be required to pay a really large premium because investment in cyptocurrency is truly risky due to uncertain price fluctuations.
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October 08, 2018, 04:48:46 PM
 #145

Hi I eagerly want to that is there any insurance company that offers services to protect investment in btc or any cryptocurrency. If you know please share.


I do not think that any company can provide insurance to Bitcoin as it could be a risky business and if someone is offering such service then it should be thoroughly investigated as it may run with clients money w/o giving any insurance claim.

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October 08, 2018, 04:54:00 PM
 #146

i have seen a couple of them in the past that said they are doing something like that. i have even seen an ICO for this matter but all of those that i have seen were pure scams nothing more.
yup is very difficult to find an insurance company engaged in crypto or accept crypto currency, the most important thing now is the careful deception in the name of fraud
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October 08, 2018, 05:00:10 PM
 #147

It really is hard to find some insurance company for that and harder thing is finding somthing that is not scam!!!
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October 08, 2018, 08:07:14 PM
 #148

The following organizations provide cryptocurrency business insurance services: Great American Insurance Group, XL Catlin, Chubb, Mitsui Sumitomo Insurance and others. These companies offer their customers a variety of insurance packages. For example, one of the latest offers provides insurance not only against internal, but also external threats. The insurance package also covers errors, unauthorized access and theft of employees.
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October 10, 2018, 08:21:51 PM
 #149

There are already various hedge funds that insure investment in Bitcoin. But such reliable companies have a limited number of users who have enough funds to put them in such a fund to stabilize the rate used for over-the-counter payments.
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October 27, 2018, 07:27:46 AM
 #150

Cryptocurrencies are an area of high risk, so I think that insurance in this area should be well planned. I don't know of organizations that carry insurance of cryptocurrencies.
For now, bitcoin insurance cannot be applied for various reasons. One of them is anonymous bitcoin ownership and the risk of loss is high. Insurance as a protection agency cannot monitor bitcoin transactions to determine payment of contributions, because the transaction is peer to peer and there is no monitoring.
Addywealth
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October 27, 2018, 07:35:02 AM
 #151

There are several scammers online who claimed to do such or something similar to bitcoin insurance some are even advise their ICO's. They ask you to send some bitcoin  and promise to give some percentage after some time but they will end up defrauding you of your fund. The real bitcoin insurance company are rare do your findings very well before putting in your fund.
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October 27, 2018, 09:18:02 AM
 #152

I wouldn't be so gullible if someone actually offers that type of insurance to protect our bitcoin investments or even with altcoins. That type of offer is likely a scam and not existing. How can someone protect our bitcoin investments? protecting from hackers? use a hardware wallet and stay away from keeping your funds on exchanges, protecting from the risk? then you don't understand volatility.

I've heard of a type of insurance before and is being offered by Coinbase but I'm not sure on how its going or its still active.

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October 27, 2018, 09:29:11 AM
 #153

Better than an Online Insurance is going to a pHusical Insurance and applying an Insurance for Digital Goods
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October 27, 2018, 10:14:46 AM
 #154

Hi I eagerly want to that is there any insurance company that offers services to protect investment in btc or any cryptocurrency. If you know please share.



there are many but scam projects. and this is far from the concept of blockchain technology. if you want to invest safely you should leave this industry and invest in banking. that's all you can do
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November 19, 2018, 03:33:47 AM
 #155

There are already various hedge funds that insure investment in Bitcoin. But such reliable companies have a limited number of users who have enough funds to put them in such a fund to stabilize the rate used for over-the-counter payments.
I don't know if bitcoin can be insured, because until now the company that accepts bitcoin insurance doesn't know yet. In my opinion, it is rather difficult, because the owner of the bitcoin is anonymous, while the insurance company must have accurate KYC data that will be needed when a bitcoin claim occurs.
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