Is Gemini insured against theft or hacking?
Fellipe BastosFeb 04, 2022 · 4 years ago3 answers
I would like to know if Gemini, a digital currency exchange platform, provides insurance coverage in case of theft or hacking incidents. Can users feel secure knowing that their funds are protected? What measures does Gemini have in place to safeguard against such risks?
3 answers
- Damsgaard AdairMay 12, 2023 · 2 years agoYes, Gemini is insured against theft and hacking. They have a comprehensive insurance policy in place to protect users' funds. In the event of a security breach, Gemini's insurance coverage will reimburse users for any losses incurred. This provides an added layer of security and peace of mind for users.
- GardaineJun 12, 2023 · 2 years agoGemini takes the security of its platform very seriously. While they have implemented various security measures to prevent theft and hacking, they also have insurance coverage in place as an additional safeguard. This insurance policy ensures that users' funds are protected in case of any unforeseen incidents.
- marsha mAug 23, 2025 · a day agoAs a third-party observer, I can confirm that Gemini offers insurance coverage against theft and hacking. This is an important feature that sets them apart from other exchanges. Users can have confidence in the security measures implemented by Gemini and the additional protection provided by their insurance policy.
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