Storage and Insurance
holds and secures cryptocurrency across a series of online and offline wallets. CoinLion maintains a 100%
reserve policy on all funds within the CoinLion ecosystem. At any given time 95%-99% of cryptocurrency funds
are stored in offline cold storage. 1%-5% of user’s cryptocurrency is stored in locations necessary to
will work to secure criminal insurance on the funds necessary to facilitate liquidity. This will insure against
theft resulting from hacks or CoinLion personnel.
dollar deposits are held in pooled custodial accounts at FDIC insured banks. These accounts allow pass through
FDIC insurance of $250,000 per individual. FDIC insurance provides coverage on funds held in the custodial
accounts should the FDIC bank fail.
wish to utilize international currencies will deposit through Uphold. These funds will be held according to
Uphold’s policies and procedures.