What are the insurance policies for crypto assets on Robinhood?

3 answers

• LimAug 08, 2022 · 3 years ago
  Sure! Robinhood provides insurance coverage for crypto assets through their custodial partner. In the event of theft or hacking, Robinhood's custodial partner's insurance policy may provide coverage for losses. However, it's important to note that this insurance coverage may not protect against losses due to market fluctuations or individual account compromises. It's always recommended to take additional security measures to protect your crypto assets.
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• DotakuOct 13, 2022 · 3 years ago
  Absolutely! Robinhood has taken steps to ensure the safety of your crypto assets. They work with a custodial partner that provides insurance coverage for digital assets held on the platform. This insurance coverage helps protect against losses resulting from theft or hacking. However, it's important to understand that this insurance may not cover losses due to market volatility or individual account compromises. It's always a good idea to stay informed about the latest security practices and take necessary precautions to safeguard your crypto assets.
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• Maxim_LiMay 28, 2024 · a year ago
  Yes, Robinhood offers insurance coverage for crypto assets through their custodial partner. This insurance coverage helps protect against losses resulting from theft or hacking incidents. However, it's important to note that insurance coverage may not extend to losses caused by market fluctuations or individual account compromises. It's advisable to follow best security practices, such as enabling two-factor authentication and using strong passwords, to enhance the security of your crypto assets.
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