How is BTCoin.systems insured?
Our service prioritizes the security of our customer's funds, all digital currency that BTCoin.systems holds online is insured. We were to suffer a breach of its online storage, the insurance policy would pay out to cover any customer funds lost as a result. Our server holds less than 2% of customer funds online. The rest is held in offline storage.
Please note that the insurance policy covers any losses resulting from a breach of our physical security, cyber security, or by employee theft. This insurance policy does not cover any losses resulting from the compromise of your individual BTCoin.systems account. It is your responsibility to use a strong password and maintain control of all login credentials you use to access.
Digital currency is not legal tender, is not backed by the government, and digital currency accounts and value balances on BTCoin.systems are not subject to Federal Deposit Insurance Corporation or Securities Investor Protection Corporation protections.
Cash Balances U.S. Customers
BTCoin.systems stores all customer fiat currency (government-issued currency) in, custodial swiss bank accounts.
Cash balances held in your accounts belong to you- not BTCoin.systems
If you are a United States resident, your BTCoin.systems USD Wallet is covered by FDIC insurance, up to a maximum of $250,000.
Even if we were to fail as a business, the funds held in the custodial bank accounts could not be claimed by us or ourcreditors. The funds held in those accounts would be returnable to our customers, namely YOU.
BTCoin.systems is a trademark by BTC-Stocks-Online limited. We are not responsible for links leading to our website nor from our website and do not take any responsibility for the actions of our partners or users.
All public information on this webpresence is copyrighted.
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