I am interested in an insurance coverage of 300,000USDT that are stored on my Binance account. I am concerned about Binance being bankrupt same as FTX was at some point and I would like to have a cover for this specific case only.
I am storing my USDT on products in the EARN category that provide me with annual returns.
Is there any insurance you know about that can provide that?
Thanks a lot
the only thing that you must understand here is that never entrust your funds inside centralized exchange because you never own your wallets while it is there , instead of looking for insurance then better to buy a cold wallet and store your coins inside either what coins you wanted .
and about insurance? not sure if there are one that offers the same .