Ensuring the security of your assets is a top priority for us. Here's how we provide protection:
1. Cash Deposits:
The cash in your account is securely deposited with our banking partner and is FDIC insured up to $250,000 per person. This means your fiat currency holdings are safeguarded against unexpected events.
The majority of our clients' cryptocurrency holdings are stored in a Bitgo Wallet. This wallet boasts insurance coverage of up to $700 million and utilizes cold storage practices. Cold storage ensures that your digital assets are stored in a manner that is offline and highly resistant to hacking or cyber threats.
Please be aware that insurance, security measures, wallet providers, and storage methods may differ based on the type of assets you hold and the chosen custody solution. We are committed to tailoring security measures to the specific needs of your assets to provide you with peace of mind and protect your investments.