itBit Support Center

How are my assets protected in case of an itBit insolvency?

Last Updated: May 07, 2015 02:54PM UTC
Investors have good reason to feel confident about the safety of assets held in custody with itBit. itBit holds all client positions (bitcoin and fiat) as Custodian and these positions do not become assets or liabilities of the Custodian.
As a result, in the unlikely case of an itBit insolvency, client positions are not subject to the claims of our creditors. In short, any failures on our end will have no adverse affect on our customers' accounts or assets held at itBit.

 

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