Connecting your cryptoasset accounts (compatible wallet/exchange/bank) to CoverCrypto proves you own that account. Without a connection, there could be a risk of users falsely reporting theft events by manually inputting an address they don’t own, which could lead to fraud.
CoverCrypto has passed a code security audit, performed by Sentnl, a leading auditing company in the digital asset and web3 space. As stated in the report: Sentnl can confirm that it would be impossible for CoverCrypto to access or move your cryptoassets. You can read more about our audit on the Sentnl website here.
💡 Tip
Make sure the account remains connected for the duration of your membership. If you choose to remove a connection it will no longer be protected. Also, if assets are removed from your connected accounts, then they will no longer be covered.
