If you hold FIAT on exchanges, make sure it’s FDIC-insured: List of FDIC-Insured Cryptocurrency Exchanges — CryptoSec
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If you hold FIAT on exchanges, make sure it’s FDIC-insured: List of FDIC-Insured Cryptocurrency Exchanges — CryptoSec
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tldr; If an exchange is FDIC insured, it means that the Federal Deposit Insurance Corporation (FDIC) should protect your funds against losses if it’s the case that the exchange fails. However, the FDIC only insures the USD funds in exchanges. This is due to crypto exchanges being prone to hackers. For storing bitcoin and cryptocurrencies long-term, we’d heavily recommend using a reputable hardware wallet.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Kraken isn’t? Hmmm
Voyager also just added FDIC on USD held there.
Brought to you by cryptosec. Member FDIC
Brought to you by your friendly neighborhood government.
Is this for international customers as well?
This is just for US.
And also take those crayons out of your nose because those can get stuck and it’s quite serious.
And they broke away from the government to form another one in its place. Or in this case, the same one.