Insurance Coverage for Assets Held in Self-Custody Wallets

By Benito Cormi Aug 4, 2023109Views

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Insurance Coverage for Assets Held in Self-Custody Wallets

The Fairside Network CEO believes that it is possible to provide insurance coverage for multiple assets held in a self-custody wallet. To address the concerns of privacy and anonymity, the CEO suggests reducing the frequency of know-your-customer (KYC) procedures for users. While acknowledging the flaws in existing crypto insurance offerings, the CEO believes that by adopting traditional insurance models, better solutions can be developed. Here are the key points:

Holding crypto assets comes with a risk of theft due to the decentralized nature of blockchain.
Fairside offers coverage that scales with the size of your wallet, making it affordable for all users.
Protect your investments with Fairside, regardless of the amount you hold.

Hot Take: Fairside Network provides a flexible and accessible insurance solution for crypto holders, addressing the risk of theft and offering peace of mind for investors.

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Benito Cormi

Benito Cormi, the brilliant crypto analyst who has made waves in the world of cryptocurrency. With his razor-sharp analytical skills and deep understanding of the digital asset landscape, Benito has become a trusted figure in the industry and remains at the forefront, tirelessly researching and analyzing market trends to help individuals and businesses make informed decisions in this dynamic landscape.