no problem in insuring all client funds. so why dont they do it?
Because no such product truly exists and anyone who says they have one is lying. Celsius is as safe as or safer than any other custodial service out there at this point in time and they are developing a product to offer more coverage for an event to provide added peace of mind
Do you use Celsius?
all financial institutions are fdic insured. the product truly exists.
I think you need to read up on how fdic works and how much of a loss it has the capacity to cover
i think the fdic insures up to 100k euro / usd per account holder
there is insurance available.
Yes, individuals can buy insurance through nexus mutual for example, but it’s not the solution this person was describing.
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