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Daily Archives: March 6, 2020

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Lloyd's of London hot wallet insurance

Game-Breaking Insurance for Crypto Hot Wallets

NewsBy adminMarch 6, 2020Leave a comment

With its announcement to offer an innovative insurance policy that will dynamically protect crypto in hot wallets, Lloyd’s of London may have just opened the floodgates to a new class of crypto investors. Find out what makes this policy so special, and what it could mean for the future of the market.

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Important Tax Considerations:
BitIRA is not a legal or tax professional and does not provide legal or tax advice. It is BitIRA's understanding that Digital Currencies may be held in an individual retirement account, but if you have any questions regarding the legal rules applicable to individual retirement accounts, including which assets may be held in such an account, you should contact a legal or tax advisor. BitIRA makes no representation or warranty that purchasing Digital Currency for placement in an individual retirement account complies with government regulations or statutes or that current rules and statutes (or the interpretation of existing rules and statutes) will not change.

Important Investment Considerations:
In BitIRA's opinion, Digital Currencies are a highly speculative investment, and anyone considering purchasing Digital Currency should have the financial flexibility and resources, and the risk tolerance, to lose the entire investment. BitIRA does not offer any opinion as to which Digital Currency(ies) to purchase, in what amount, and for how long a customer should hold such Digital Currency. Nor does BitIRA offer any opinion as to what percentage, if any, of a customer's portfolio should be devoted to alternative and highly speculative investments like Digital Currency. Historical performance is no guarantee of future results. BitIRA does not guarantee or represent that anyone purchasing Digital Currency will make a profit.

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Customers purchasing or liquidating Digital Currency make all investment decisions.

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