CryptoShield provides insurance (compensation) to a maximum limit of $100,000 to individuals against the loss of funds (assets) from approved cryptocurrency exchange wallets due to hacks or illicit activities.
Why Do You Need Crypto Insurance?
In today’s digital age, cryptocurrencies have emerged as a revolutionary form of financial asset, offering decentralised transactions and unparalleled security. However, as with any cutting-edge technology, the world of cryptocurrencies comes with it’s own set of risks. From cyber-attacks and hacking attempts to human errors and unforeseen market fluctuations, your valuable digital assets are constantly exposed to potential threats.
CryptoShield covers:
– Electronic breach of exchange wallets
– Social engineering events caused by electronic breach to an exchange
– Loss of or damage to digital assets from external theft, which are stored in repositories secure vaults.
