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OKX Extends Shield Program to U.S. Users With up to $500,000 in Reimbursements

OKX Extends Shield Program to U.S. Users With up to $500,000 in Reimbursements

Photo: Unchained

The crypto exchange says customers in its upper VIP tiers can get up to $500,000, while its terms describe Shield as a discretionary goodwill program rather than insurance. Crypto exchange OKX said on Tuesday that it is bringing OKX Shield , a program that reimburses customers when an outsider hijacks their account and moves funds out, to the United States. According to the company’s press release shared with Unchained, eligible U.S. customers can receive up to $100,000 once they turn on a required set of security settings, and OKX charges no subscription or activation fee. Larger accounts get higher caps.

Source: Unchained

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