Post
Topic
Board Trading Discussion
Re: Insurance for Exchanges - Does it matter to you?
by
willroman
on 11/09/2018, 22:36:32 UTC
Aon has brokered insurance for several dozen crypto companies. We are working with them now to outline a plan for our exchange.

Good points above on cost—this is _not_ a cost that we want to pass on to investors. We consider this additional coverage a source of peace-of-mind that we would provide as part of our normal offering.

The value goes up the larger trades you are doing. Even if you withdraw every day, if you're doing tens of thousands in trades, you are still taking some risk. Also there are the potential cost of transferring all those coins around.

Love the feedback and insight! Thank you.