You repeatedly mention that you are planning to create scorings and ratings. Tell me, which of the exchanges is currently the safest?
Is it possible to evaluate it at all? and what amounts are you willing to insure? 
Topic: CRYPTOINS | Crypto Insurance - page 2. (Read 22795 times)
You repeatedly mention that you are planning to create scorings and ratings. Tell me, which of the exchanges is currently the safest?
Do you insure the accounts of these traders depending on the size of the assets contained on them?
We were forced to introduce a limit of liability – the total amount of the insured assets should not exceed 15 BTC. The amount of insurance coverage on the policy is from 5 to 15 Bitcoins depending on the exchange. And this is due to the fact that during the analysis of our target audience it was revealed that our potential customers hold on their accounts an average of 0.1 to 15 Bitcoins. The figure may not seems so significant, but this amount is often enough to cover the funds of one particular trader.
Do you insure the accounts of these traders depending on the size of the assets contained on them?
Tell more about the type of insurance you provide? As far as I got, cryptoins insure against the total crush of an exchange only.. What’s the percentage of the sum insured?
Crypto Insurance protects any user's funds (BTC, ETH, USDT, XMR, BCC, etc.) on crypto exchanges. Protection works in case of bankruptcy/termination of the operation of crypto exchange due to:
cyber-attacks on crypto exchange software;
theft, fraud, illegal actions of personnel, management or owners of a crypto exchange.
More info in our TChannel https://t.me/cryptoinschannel
Tell more about the type of insurance you provide? As far as I got, cryptoins insure against the total crush of an exchange only.. What’s the percentage of the sum insured?
Why do you need to insure your cryptocurrency assets? And why are financial guarantees inherent in the traditional market also relevant in the cryptocurrency system? The answers to these and many other questions in our weekly almanac on the portal Medium.
https://medium.com/cryptoins/reliability-in-simplicity-cryptocurrency-insurance-9e7d55c93ba2
https://medium.com/cryptoins/reliability-in-simplicity-cryptocurrency-insurance-9e7d55c93ba2
http://vfl.ru/fotos/ff8875c724467359.html
Blockchain – the future, but not the present.
There are many innovative trends that might seem futuristic to a layperson but are already taking place. Less words - more exciting info you will find in our new post.
https://www.fintech.finance/01-news/what-the-future-of-insurance-looks-like/
This is vain attempt to earn merit. nothing more..
Anonymous team, Anonymous registration, with the first posts all clearly shill sockpuppets. Likely just another scam.
There is already a thread in meta about the sockpuppets in this thread.
With coverage not available in countries that prosecute scammers.
For a premium of 8% per annum on low risk exchanges.
Stupid hater
Anonymous team, Anonymous registration, with the first posts all clearly shill sockpuppets. Likely just another scam.
There is already a thread in meta about the sockpuppets in this thread.
With coverage not available in countries that prosecute scammers.
For a premium of 8% per annum on low risk exchanges.
Guys, I stumbled upon this: https://www.fintech.finance/01-news/how-to-become-an-innovator-in-insurtech/
All of course interestingly described. But on the other hand, who will buy a certificate from a company with zero experience and a year old? Experience creators of the service does not count!
All of course interestingly described. But on the other hand, who will buy a certificate from a company with zero experience and a year old? Experience creators of the service does not count!
Do you really insure the accounts on the crypto exchanges, and not cold wallets ?! This is a significant step towards crypto traders.
Based on the information posted in the “insurance” section of the site, Coinbase provides property insurance (that is, insurance for cold wallets and carriers), and not the crypto assets contained in the accounts of the clients of the exchange. CRYPTOINS, unlike Coinbase, insures the savings themselves.
Do you really insure the accounts on the crypto exchanges, and not cold wallets ?! This is a significant step towards crypto traders.
Coinbase has been offering cryptocurrency insurance since like 2013
How do you assess exchanges? 
access you mean?Usually on what problems you provide client insurance rights so they can claimed their insurance. In the real world, we have often witnessed that people who use insurance are very difficult to claim their insurance, hidden requirements and policies that are used to deceive clients and eventually the parties involved also collapse.
That is really some of the things that has to be fix by blockchain technology. The third party system we have before are been manipulated by many policies and many people has to abandon their claims because of so many hinding policies. Insurance companies are not transparent at all especially those one from Third World countries.I have advocate for a way to secure investors fund before in case of exchange hacking and scam projects but I only see a project like dehedge trying to do that but they are also not doing much to secure investors fund. If this crypto insurance will help then it is a welcome development.
CRYPTOINS can bring classic financial rules of the «game» and regulation to the wild cryptocurrency market...
How do you assess exchanges?
access you mean?Usually on what problems you provide client insurance rights so they can claimed their insurance. In the real world, we have often witnessed that people who use insurance are very difficult to claim their insurance, hidden requirements and policies that are used to deceive clients and eventually the parties involved also collapse.
That is really some of the things that has to be fix by blockchain technology. The third party system we have before are been manipulated by many policies and many people has to abandon their claims because of so many hinding policies. Insurance companies are not transparent at all especially those one from Third World countries.I have advocate for a way to secure investors fund before in case of exchange hacking and scam projects but I only see a project like dehedge trying to do that but they are also not doing much to secure investors fund. If this crypto insurance will help then it is a welcome development.
Usually on what problems you provide client insurance rights so they can claimed their insurance. In the real world, we have often witnessed that people who use insurance are very difficult to claim their insurance, hidden requirements and policies that are used to deceive clients and eventually the parties involved also collapse.
How do you assess exchanges?
We developed a scoring model in partnership with Group IB, a well-known company with a long history in cyber security. They are one of the leaders in their field in Eastern Europe. Based on this scoring model, we deemed 24 exchanges and wallets eligible to be insured. Obviously, they are fairly large exchanges with extensive customer bases and high traded values. As for the other exchanges with an unclear level of risk, we have developed a special approach to form an insurance fund at the expense of the exchange, which functions as a franchise. In the event of a loss, this fund will initially be used to cover it, with subsequent indemnification from the insurer. It gives the exchange incentive to ensure stable operation.
Okay.. but who is your target audience?
We estimate there is approximately 3.6 million bitcoins in user accounts on cryptocurrency exchanges. Our customer profile is a man between 26 and 55, who keeps a USD equivalent of up to $50,000 on his cryptocurrency accounts. The risk we cover is exchange collapse, for example, if it were to stop operating due to overwhelming hacker attacks or fraudulent activities on the part of the staff.
Hey! Why do you pay compensation in bitcoins only?
At the first stage, it was necessary to determine the prime cryptocurrency, on the basis of which we could recalculate all available funds in the investor?s portfolio, or in other words, we was needed to bring all indicators to a common denominator. And since the largest crypto exchanges often convert all currencies into Bitcoin, this is also economically feasible.Hm, ok
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