RATE Group | BitGo Starts to Further its Cryptocurrency insurance policies
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BitGo Starts to Further its Cryptocurrency insurance policies

19 Mar BitGo Starts to Further its Cryptocurrency insurance policies

Posted at 18:11h in Cryptocurrency News by

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  • BitGo, the cryptocurrency custodian giant is now offering insurance for assets that it holds in excess of $100 million coverage.

  • As this new policy comes into fruition, the assets of clients from BitGoare going to insure their assets beyond custodians $100 million coverage

BitGo, the cryptocurrency custodian giant is now offering insurance for assets that it holds in excess of $100 million coverage. 

According to an announcement released on the 18th of March, the platform is the first crypto assets custodian to allow its customers to buy excess limits above its standard policy. More than $100 million of insurance coverage in the crypto space was initially launched.

As this new policy comes into fruition, the assets of clients from BitGoare going to insure their assets beyond custodians $100 million coverage. The new policy will also see that many features adjustable limits and prorated premiums allow the customer to pay only for a relevant period of insurance.

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