Topic: Bitcoin insurance. - page 5. (Read 1012 times)
I think Bitcoin works like an insurance. Insurance, such as the risk of death of people, but if Bitcoin does not bear the risk of human life, it can be sold for a lot of profit once it is purchased beforehand.
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 now, maybe that kind of insurance still doesn't exist for cryptocurrency because crypto has a high risk to cover.
for example if your wallet is exposed and your coins are gone, how the insurance company know that the hacking is not because your mistake ?
Anyway, it is still hard to cover your investment because the risk is very high.
I agree if there's insurance company in bitcoin that is a advantage for investors and the bitcoin will protected and secure and the bitcoin popularly increase, it can be a big help to the members.
I have not seen this kind of Bitcoin insurance company if some is then that's pure scams nobody will give u security on Ur bitcoin investment but in future some companies offer bitcoin life insurance services for Ur death claim also they will accept premium in bitcoins its a great idea who wanna start a new insurance company that is totally depends on bitcoins.
Many insurance companies do not automatically pay on demand. It is more difficult to prove because an investigator can not simply ask neighbors if they see a valve removed at home. However, exchanges may decide to place their transaction fees into a trust signed by an insurance company. How are some fiat organizations set up? Not that I recommend storing any bitcoin there, but I believe that companies like Coinbase have some kind of insurance to protect at least a certain amount of loss in the event of theft or loss of their type. But if I'm correct on this then it will work almost as FDIC guarantees on bank account and so on.
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 there is an insurance company doing this, this can be a very innovative idea though. However since crypto is not a physical item and the amount of coins in your wallet can change anytime and is not an easy task to track so providing insurance for crypto is a difficult task . Even if there is from what i think it will not be cheap and i believe most crypto users that does not have much assets in their wallet, where they will consider taking up this insurance. Maybe in the future if there is more users this might be something insurance company will consider.
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.
what might happen if the government in my country still has not legalized bitcoin as the official currency let alone for insurance for direct payment transactions in my country government still prohibit
I strongly agree if there is such a place or service, because it will make the users crypto will be more comfortable and not worry if there is theft by irresponsible people such as hackers.
I think there is no insurance company which offers protection on crypto related investments. It is not profitable for an insurance company to secure something very volatile. In this industry, 90% of investment platforms are scam and even the legit platforms are prone to hacking. I doubt if there will ever be an insurance company which will penetrate the Bitcoin industry. Maybe in the future if there will be regulations on the investments.
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're none that can do it, you're walking into scam land with a signboard come scam me. Do not even for a split second trust whoever advertises it, as it's purely scam and you'll only be fooled into making a big mistake. Think logically how can any company even give you that kind of insurance, avoid falling for such click baits and be wise not stupid
I do not see insurance companies providing personal insurance and can only access charges after 12 months of trading. I do not think it covers you personally at all if you have made a mistake that led to your account being hacked or something.
* Bitcoin insurance
Earlier this month, we saw that Bitcoin premiums at Korean exchanges rose more than 43 percent from the US. At the peak, premiums reached 51% in the past month.
But if you compare prices on Bithumb's GDAX and Coinbase in Korea, you will see a "14% reduction in premiums in Korea". On Jan. 11, bitcoin premiums remained around 35% between the two exchanges, and even last Friday it remained at over 20%.
Since the South Korean government has been negotiating for regulations to crack down on coding in the past few weeks. Are trading floors concerned about people increasing or stopping their trading activities? Or in the future will the government intervene in determining the market price after creating a huge price gap? These are issues that can make the pre-coding market unstable.
For more information about coding money please follow the bigcoinvietnam.com website for the latest news, most useful.
Earlier this month, we saw that Bitcoin premiums at Korean exchanges rose more than 43 percent from the US. At the peak, premiums reached 51% in the past month.
But if you compare prices on Bithumb's GDAX and Coinbase in Korea, you will see a "14% reduction in premiums in Korea". On Jan. 11, bitcoin premiums remained around 35% between the two exchanges, and even last Friday it remained at over 20%.
Since the South Korean government has been negotiating for regulations to crack down on coding in the past few weeks. Are trading floors concerned about people increasing or stopping their trading activities? Or in the future will the government intervene in determining the market price after creating a huge price gap? These are issues that can make the pre-coding market unstable.
For more information about coding money please follow the bigcoinvietnam.com website for the latest news, most useful.
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 now that kind of companies is not existing i guess. Imagine that how many big exchange wallet will insurance their wallets.
big exchange like binance will have very massive risk to be covered with insurance company.
You can't find such thing, there is an attempt to do so but they are all failed since most of them are scams there is no one that will trust a same project again. We all know that bitcoin cannot easily be controlled and cannot be predicted by this matter having a company that will ensure your bitcoin is not possible there will be some things that will help somehow ensuring your investment but it only help you ensure and they won't be the one ensuring it.
Insurance of bitcoin is essential For the cripto market, insurance will go away immediately, jumping too high everyday. Or the contribution should be huge and investors will not risk investing money.
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.
be careful if you are searching about it. I think no one want to take the risk of anyone's wallet especially if the risk too big ( huge wallet balance ).
Many scammers may offer you some fake services. Your wallet, that is your risk. No one can recover if you lose it.
Impossible. NO such thing as insurance for your investment. There is no such thing as risk free. All of these will be scams and there is no way such a service could make its own money. How would they profit if they giving money away? Totally ridiculous.
protect against losses in Bitcoin? these are pure scams. Insurance companies are there that protect companies like Coinbase in case there was a hack or theft and they lost investor fund. But insurance against losses in the market, it's untrue.
hmm interesting, i think there are not services like that, that want insurance your bitcoin if anything happen with it, maybe if it exist i think the fee is too high and not worth it, because as i know bitcoin is unstable digital currencies
Its better the bitcoin has an insurance because we will safe and secure protect the world of cryptocurrency.
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