Does Coinbase offer insurance coverage in case of a security breach or hacking incident?

3 answers

• KlimpiMar 14, 2022 · 3 years ago
  Yes, Coinbase offers insurance coverage to its users in case of a security breach or hacking incident. This insurance provides additional protection for users' funds and helps to mitigate the financial impact of any potential losses. It is important to note that the insurance coverage may have certain limitations and exclusions, so it is recommended to review the terms and conditions of the insurance policy for more details.
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• AticusFeb 14, 2021 · 4 years ago
  Absolutely! Coinbase understands the importance of security and has taken steps to protect its users' funds. In the event of a security breach or hacking incident, Coinbase offers insurance coverage to help reimburse users for any losses. This insurance coverage provides peace of mind and adds an extra layer of protection for Coinbase users.
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• Shwana MhamadFeb 09, 2023 · 2 years ago
  Yes, Coinbase does offer insurance coverage in case of a security breach or hacking incident. This insurance coverage is provided by a third-party insurance company and is designed to protect users' funds in the event of a security incident. It is important to note that the insurance coverage may have certain limitations and exclusions, so it is recommended to review the insurance policy for more information.
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