Is voyager has insurance 250k ?

Question

Celsius Community

Mert

Is voyager has insurance 250k ?

0

03.07.2022

8 ответов

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Mert Автор вопроса

Kristian
Nope, same as Celsius. No insurance.

What does it mean to be FDIC insured on Voyager? Great question. Your US dollars held on Voyager are insured up to $250,000 by our banking partner, Metropolitan Bank, so your cash is safe with us.

0

03.07.2022

Kristian

Mert
What does it mean to be FDIC insured on Voyager? G...

That won’t help you. FDIC insurance protects USD deposits against the failure of the bank in which Voyager places them. It does not protect them against the failure of Voyager itself. Voyager is not FDIC insured. So if the bank went bankrupt the funds would be covered, but that is not going to happen, so pretty useless like any other insurance in the crypto space.

0

03.07.2022

Mert Автор вопроса

Kristian
That won’t help you. FDIC insurance protects USD d...

I see.

0

03.07.2022

JCherk

Kristian
That won’t help you. FDIC insurance protects USD d...

USD is FDIC insured I t he case of the failure of the bank or voyager it's self. It is a brokerage and the FDIC extends to then as well...only with USD

0

03.07.2022

Kristian

JCherk
USD is FDIC insured I t he case of the failure of ...

You sure about that?

0

03.07.2022

JCherk

Kristian
You sure about that?