UK Cryptocurrency Exchange Challenger Ziglu Launches New Insurance Programme

New children on the block and cryptocurrency challenger Ziglu wish to give their purchasers better safety and peace of thoughts and have launched a digit asset insurance coverage programme to take action.

Ziglu, which solely launched final month, can now provide its prospects the flexibility to immediately and securely change cash into digital currencies, together with Bitcoin, Ether, Litecoin & Bitcoin Money at aggressive costs and monitor their balances in real-time — with insurance coverage.

Mark Hipperson, Founder & Chief Govt Officer of Ziglu, stated:

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“One of many greatest considerations for customers is the safekeeping of their funds and cryptocurrencies. Ziglu’s insurance coverage programme brings peace of thoughts to current prospects or these dipping their toes into cryptocurrency for the primary time.”

Every Ziglu buyer’s cryptocurrency holdings are insured in opposition to cyber-crime as much as a price of £50,000 always and held in a segregated account. The overwhelming majority of buyer belongings are saved in offline (“chilly”) wallets, that means they aren’t accessible by way of the web and subsequently at decrease danger of theft.

In keeping with a latest FCA examine, 1.9m folks within the U.Ok. at the moment maintain circa £three.15bn ($three.98bn) price of crypto with 50 per cent holding lower than £260 ($330) every. As shoppers more and more achieve publicity to Bitcoin and different cryptocurrencies, a key concern is the safekeeping of belongings.

Ziglu’s totally clear mannequin ensures no hidden charges or transaction costs whereas the platform democratises entry, offering a real multi-currency account for individuals who need bank-grade safety and insurance coverage coupled with a  easy means of holding cryptocurrency alongside their regular cash.

Ziglu might be downloaded from the Apple App Retailer ( and Google Play Retailer (

Additionally printed on Medium.

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