Attention:

So-called “insurance funds” (protection funds) usually don’t cover “full reimbursement if your coins are stolen.” Instead, they cover the platform’s ability to pay in extreme cases.

The trigger conditions, the order of compensation, and whether stolen assets are included are described in the terms in much more complex detail than the marketing copy.

In normal times, keep large assets in a self-custody wallet; have the exchange hold only the positions needed for trading.

A constant wake-up call!