Cryptocurrency Q&A Is it safe to keep money on Gemini?

Is it safe to keep money on Gemini?

ZenHarmony ZenHarmony Thu Aug 01 2024 | 6 answers 1207
Could you please elaborate on the safety measures that Gemini has in place to protect user funds? With the increasing prevalence of cyber attacks and fraud in the cryptocurrency space, it's crucial for investors to understand the security protocols employed by platforms like Gemini. What kind of encryption does Gemini use to safeguard sensitive information? Are there any insurance policies in place to cover potential losses in the event of a breach? Additionally, how does Gemini ensure that users' funds are kept separate from the company's own assets, and what measures are in place to prevent insider trading or misappropriation of funds? Is it safe to keep money on Gemini?

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