coinspots.io puts our customer’s capital and security before all else,
All Digital currency that coinspots.io holds online are insured.
If coinspots.io were to have any breach of our online storage, the insurance policy would pay out to cover any customer funds lost by result.
coinspots.io holds only 10% of customer funds online.
The rest is held on offline or “cold” wallets.
coinspots.io insurance policy covers any and all losses resulting from a breach of coinspots.io physical or cyber security.
Our insurance policy does not cover any losses due to a compromise of your individual coinspots.io account password.
It is your responsibility to use a strong password and maintain control of all login credentials for your coinspots.io account.
*Digital currency is not legal tender, is not backed by the government, digital
currency accounts with coinspots.io are not subject to
Federal Deposit Insurance, Corporation or Securities Investor Protections
coinspots.io stores all customer fiat currency (government-issued currency) in segregated, personally identified custodial holding accounts.
Cash balances held in your coinspots.io account belong only to you. Not to coinspots.io
If ever coinspots.io were to fail as a business, the funds held in the custodial bank accounts may not be claimed by coinspots.io or its creditors.
The funds held in these accounts would be returnable to coinspots.io customers.