
Coincover
Cryptocurrency insurance
Pros
- Highly secured with 2FA security, photo ID and facial biometrics checks.
- Offline Key storage
- Provides covers for crypto assets
- Timely recovery of assets
Cons
- Not beginner friendly
Features
- Fast and easy API solution
- Identity-verified, multi-person access control
- Offline key storage
- Timely recovery
- Certificates of protection
What is Coincover?
Founded in 2018 by David Janczewski, Coincover is offering the insurance policy for assets held in multi-signature wallets from its partner BitGo to cover against third-party hacks or the theft of private keys.
The technology was built by experts who gained experience in government, military, and law enforcement settings. The crypto insurance platform are experts in generating and keeping private keys in a secure manner. Access control and security measures that meet government standards. Recovery time-lock controls are available as an option for added collusion protection.
Users crypto assets are protected from business interruption and disaster recovery which makes trading more secure and increase the amount of money you earn from your consumers. Coincover may be integrated into your technology to deliver world-class security. Get the scalable security infrastructure you'll need to use crypto.
Coincover are known for quick restoration of access to clients' assets at least within one working day if they lose it. They also have same-day emergency services available.
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