Crypto Insurance

[bitterguy28]

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 .

[albon]

I haven't come across one where there are documents about crypto insurance because here you are not 100% safe. Because if you invest right you will get profit otherwise you will lose your funds. If you have to worry about insurance, get service within your country. Where government banks are interested in providing you with insurance services. But in crypto you should be very aware of what non custodial projects are really guaranteeing you! I think you want to live in a fool's world. If the amount of capital is high bank services are really essential.