Yes! When you connect CoverCrypto to a crypto account (e.g. wallet address/exchange/bank), all assets within that account are covered. This includes any cryptoasset on the blockchain, such as: cryptocurrencies, NFTs and tokens.
🐣 For example:
Connor connected his Ethereum Metamask wallet address (0x218037c7EA28e4A2D8905C2720718e403a811809) to his CoverCrypto account on 31st August 2021. This address contained the following cryptoassets:
1 ETH
100 PEPE
210,000 NX tokens
1 Bored Ape NFT
10 tokens representing 10% ownership of a local cafe
On 1st September 2021, Connor unfortunately suffered a theft event, and all his cryptoassets were stolen. Thankfully, all the cryptoassets were covered by his membership as they were within a wallet address connected to his CoverCrypto account when the theft occurred.
❌ Anything that is not a cryptoasset is not covered. For example, fiat currencies (USD, GBP, EUR etc.) within exchange accounts are not covered.
