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What happens to my money in Voyager if the company goes bankrupt?

avatarKevin VanDerMeidDec 16, 2021 · 3 years ago10 answers

If Voyager, the digital currency exchange, goes bankrupt, what will happen to the money I have invested or deposited with them? Will I lose all my funds?

What happens to my money in Voyager if the company goes bankrupt?

10 answers

  • avatarDec 16, 2021 · 3 years ago
    In the unfortunate event that Voyager goes bankrupt, your funds should still be safe. As a regulated exchange, Voyager is required to hold customer funds in separate accounts, which means that even if the company goes bankrupt, your money should be protected. However, it's always a good idea to do your own research and understand the specific regulations and protections in place for your jurisdiction.
  • avatarDec 16, 2021 · 3 years ago
    Don't worry! If Voyager were to go bankrupt, your money should be safe. The exchange is required to follow strict regulations and keep customer funds separate from their own. This means that even if the company goes under, your funds should be protected and you should be able to recover them.
  • avatarDec 16, 2021 · 3 years ago
    If Voyager were to go bankrupt, your funds should still be secure. The exchange is regulated and has measures in place to protect customer funds. However, it's important to note that each jurisdiction may have different regulations and protections, so it's always a good idea to familiarize yourself with the specific rules in your country.
  • avatarDec 16, 2021 · 3 years ago
    If Voyager were to go bankrupt, your funds should be protected. The exchange is required to hold customer funds in separate accounts, which means that even in the event of bankruptcy, your money should not be at risk. However, it's always a good idea to diversify your investments and not keep all your funds in one exchange.
  • avatarDec 16, 2021 · 3 years ago
    If Voyager were to go bankrupt, your funds should be safe. The exchange is regulated and has safeguards in place to protect customer funds. However, it's important to note that no investment is completely risk-free, so it's always a good idea to do your own research and assess the risks involved.
  • avatarDec 16, 2021 · 3 years ago
    If Voyager were to go bankrupt, your funds should still be secure. The exchange is required to follow industry regulations and keep customer funds separate. This means that even in the event of bankruptcy, your money should be protected. However, it's always a good idea to stay informed and keep an eye on any updates or changes in the industry.
  • avatarDec 16, 2021 · 3 years ago
    If Voyager were to go bankrupt, your funds should still be safe. The exchange is required to hold customer funds in separate accounts, which provides an added layer of protection. However, it's important to note that no investment is without risk, so it's always a good idea to diversify your holdings and not rely solely on one exchange.
  • avatarDec 16, 2021 · 3 years ago
    If Voyager were to go bankrupt, your funds should be protected. The exchange is regulated and has measures in place to ensure the safety of customer funds. However, it's always a good idea to stay informed about the latest developments in the industry and consider diversifying your investments across multiple exchanges.
  • avatarDec 16, 2021 · 3 years ago
    If Voyager were to go bankrupt, your funds should still be secure. The exchange is required to follow strict regulations and keep customer funds separate. This provides an extra layer of protection for your funds. However, it's always a good idea to stay updated on the latest news and developments in the cryptocurrency industry.
  • avatarDec 16, 2021 · 3 years ago
    If Voyager were to go bankrupt, your funds should be safe. The exchange is regulated and has protocols in place to protect customer funds. However, it's important to remember that investing in cryptocurrencies always carries some level of risk, so it's wise to diversify your investments and not rely solely on one exchange.