What are the implications of subrogation in the cryptocurrency industry?

1 answers

• Jan 20, 2022 · 3 years ago
  At BYDFi, we recognize the importance of subrogation in the cryptocurrency industry. Subrogation allows investors to have an added layer of protection and recourse in the event of a security breach or loss of funds. It helps to instill confidence in the market and encourages responsible practices among exchanges and service providers. However, it is important to note that the availability and terms of subrogation may vary depending on the insurance provider and policy. Investors should carefully review their insurance coverage and understand the implications before making investment decisions. As a responsible exchange, we strive to provide a secure and transparent trading environment for our users, and we work closely with insurance partners to ensure that our users are protected to the best of our abilities.
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