Buy crypto insurance and pay from future profits. Insurance coverage is in place for up to 100% of the value of holdings. Insurance limits are exclusively allocated to customers—not shared. After a strong demand for asset protection in the form of cryptocurrency insurance, NYSC crypto insurance policies are designed to protect against cryptocurrency losses, theft, and general cryptocurrency capital loss. The cryptocurrency market has been compared to the "Wild West," due in large part to a lack of regulation. But there is a downside to lax oversight as well. Cryptocurrency is effectively a bearer asset, meaning possessing a bitcoin (BTC) or other crypto coin effectively establishes ownership, just like cash, and entitles the possessor to the underlying value. Consequently, when someone’s bitcoins are stolen, it’s difficult to establish rightful ownership without actual possession of that bitcoin.