đ What is Crypto Insurance? đ
- Protect digital assets such as BTC, ETH from loss, hacking, theft.
- Reduce risks for individuals, businesses, institutional investors.
- Operate through risk assessment, planning, charging, contracting and compensation.
đ Types of crypto insurance:
- Exchange insurance
- Custody insurance
- Smart contract insurance
- DeFi insurance
- Crime insurance
- Directors and officers insurance
- Shipping insurance
- Storage insurance
đ Fraud protection:
- Research your insurance provider
- Use strong passwords, multisig wallets, offline storage
- Beware of unusual activity
đĄ Future of crypto insurance:
- Growth due to crypto popularity
- Challenges: regulation, volatility, security
- Big insurers may enter the market
What do you think about crypto insurance? Comment now! đŹ