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class="time_date_block"><ul class="time_date"><li>Jun 28, 2022</li><li>12:06</li><li>2 min reading</li></ul><div class="author_block"><div class="author_image"><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%2720%27%20height=%2720%27/%3e"/></span><img alt="Choise.com team" srcSet="/_next/image?url=%2Fpic%2Fauthors%2Fchoise-team.png&w=32&q=75 1x, /_next/image?url=%2Fpic%2Fauthors%2Fchoise-team.png&w=48&q=75 2x" src="/_next/image?url=%2Fpic%2Fauthors%2Fchoise-team.png&w=48&q=75" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/></span></div><div class="author_name"><span class="dynamic_author"></span>Choise.com team</div></div></div><div class="content"><div class="main_image"><img title="Choise.com Price Insurance will be launched soon" alt="Choise.com Price Insurance will be launched soon" fetchpriority="high" width="1920" height="1080" decoding="async" data-nimg="1" class="directus_image " style="color:transparent" srcSet="/_next/image?url=https%3A%2F%2Fcms.choise.com%2Fassets%2F7fe408d6-463a-4761-9695-fec53c52baff.png&w=1920&q=75 1x, /_next/image?url=https%3A%2F%2Fcms.choise.com%2Fassets%2F7fe408d6-463a-4761-9695-fec53c52baff.png&w=3840&q=75 2x" src="/_next/image?url=https%3A%2F%2Fcms.choise.com%2Fassets%2F7fe408d6-463a-4761-9695-fec53c52baff.png&w=3840&q=75"/></div><div class="content_block"><h3><strong>With Choise.com Price Insurance users receive the opportunity to insure the amount of crypto they want to buy for a certain period of time. And if the price of a given crypto appears to be less than the insurance price at expiry, Choise.com will cover the losses.</strong></h3> <h3><span style="font-weight:400">The scheme is as follows.</span></h3> <p><span style="font-weight:400">A user goes to Choise.com wallet and presses “Top up”, then selects the bank card paying method to purchase Bitcoin or Ethereum, or <span data-sheets-value="{"1":2,"2":"virtual card bitcoin"}" data-sheets-userformat="{"2":1049149,"3":{"1":0},"5":{"1":[{"1":2,"2":0,"5":{"1":2,"2":0}},{"1":0,"2":0,"3":3},{"1":1,"2":0,"4":1}]},"6":{"1":[{"1":2,"2":0,"5":{"1":2,"2":0}},{"1":0,"2":0,"3":3},{"1":1,"2":0,"4":1}]},"7":{"1":[{"1":2,"2":0,"5":{"1":2,"2":0}},{"1":0,"2":0,"3":3},{"1":1,"2":0,"4":1}]},"8":{"1":[{"1":2,"2":0,"5":{"1":2,"2":0}},{"1":0,"2":0,"3":3},{"1":1,"2":0,"4":1}]},"12":0,"23":1}" data-sheets-hyperlink="https://choise.com/cards"><a class="in-cell-link" href="https://choise.com/cards" target="_blank" rel="noopener">virtual card bitcoin</a>, </span>taps on the “With insurance” bar, fills in card details and selects insurance conditions.</span></p> <p><span style="font-weight:400">When selecting the conditions, the user specifies the desired amount, chooses a suitable period (i.e. expiry date) and the insurance price. He can also go to FAQ by clicking on link “Not clear enough” and tap on the “i” icon to see information about fees.</span></p> <p><span style="font-weight:400">It does not matter how the user buys BTC or ETH – for USD, EUR, any other fiat or crypto – the insurance conditions are always shown in USD. The insurance price will be charged in the payment asset and insurance coverage payment at expiry is always returned in USDT.</span></p> <p><span style="font-weight:400">For example, the user buys 0.1 BTC at a $20,000 rate and covers it with the insurance rate of $18,000 for 30 days. He </span><span style="font-weight:400">pays $2000 for 0.1 BTC and $X for insurance (the cost will be calculated in the App via mathematical algorithm) plus fees for the transaction. The exact amount of fees is calculated automatically for each transaction.</span></p> <p><span style="font-weight:400">If after 30 days the BTC price is $18,000 or more, the insurance will expire.</span></p> <p><span style="font-weight:400">If after 30 days the BTC price falls under $18,000, e.g. $17,000, the user will receive 0.1 x (18 000 – 17 000) = 100 USDT coverage.</span></p> <h3><span style="font-weight:400">Currently, Price Insurance is available only for Bitcoin and Ethereum purchases. </span></h3> <p><span style="font-weight:400">It cannot be sold ahead of schedule – just held until its expiration.</span></p> <p><span style="font-weight:400">The user does not need to have BTC on his wallet for insurance to be working by the expiry. Insurance is a separate product and it will work without regard to the user’s BTC position. He will simply receive the price difference on insured volume to the wallet, and that’s all.</span></p> <p><span style="font-weight:400">Active insurances are displayed in the wallet on the BTC or ETH pages.</span> <span style="font-weight:400">Also, detailed information regarding each transaction with insurance involved is available in the transaction history.</span></p> <h3><strong>Hedge your risks with Choise.com Price Insurance and feel safe while going crypto.</strong></h3></div></div><ul class="sc-a1b0f443-0 fTNNTN news_breadcrumbs"><li><a href="/news">News</a></li><li><a href="/news/updates">Choise.com</a></li><li><span>Choise.com Price Insurance will be launched soon</span></li></ul><div class="sc-ebb48054-0 hCkBCM"><button class="react-share__ShareButton" style="background-color:transparent;border:none;padding:0;font:inherit;color:inherit;cursor:pointer"><img src="/pic/share/twitter.svg" alt="Choise.com Price Insurance will be launched soon"/></button><button class="react-share__ShareButton" style="background-color:transparent;border:none;padding:0;font:inherit;color:inherit;cursor:pointer"><img src="/pic/share/telegram.svg" alt="Choise.com Price Insurance will be launched soon - Telegram"/></button><button class="react-share__ShareButton" style="background-color:transparent;border:none;padding:0;font:inherit;color:inherit;cursor:pointer"><img src="/pic/share/facebook.svg" alt="Choise.com Price Insurance will be launched soon - Facebook"/></button></div></section></div></section></main><footer id="footer" class="sc-3dbed908-0 fGcfsC"><div style="max-width:1200px" class="sc-7bf978d5-0 jWSTwu center_block "><div class="top_block"><div class="content"><div class="description"><div class="description_information"><p>The website and mobile apps are owned by the company Choise Services UAB. Choise Services UAB design and operate Choise.com website and Choise.com mobile applications jointly. Cryptocurrency services offered on the website platform are provided by UAB Choise Services. UAB Choise Services is incorporated in Lithuania with the company number <a href="https://rekvizitai.vz.lt/imone/stilgeka/juridinis-asmuo/" target="_blank" rel="noreferrer">305964183</a>, registered office at Vilnius, Eišiškių Sodų 18-oji g. 11.</p><p>UAB Choise Services is registered as a virtual currency exchange operator and a custodian virtual currency wallet operator. Charism LLC is incorporated in St. Vincent and Grenadines with the company number 1999 LLC 2022, registered office at Suite 336, Beachmont Business Centre, Kingstown, registration number 1999 LLC 2022. Charism LLC is a limited liability company created and existing under the laws of Saint Vincent and Grenadines.**</p><p>Choise.com is not a bank.</p><p>Digital currency values are not static and fluctuate due to market changes. Not all products and services are available in all geographic areas and are subject to applicable terms and conditions.</p><p>Choise.com does not provide services to citizens of the Russian Federation, non-EU residents. Eligibility for particular products and services is subject to final determination by Сhoise.com. 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soon","date_created":"2022-06-28T11:08:12.000Z","image":{"filename_disk":"7fe408d6-463a-4761-9695-fec53c52baff.png","width":1920,"height":1080},"old_image":null,"seo_image":null,"category":{"id":"50","title":"Choise.com","slug":"updates","translations":[{"title":"Choise.com","seo_title":null,"seo_description":null,"seo_keywords":null}]},"translations":[{"title":"Choise.com Price Insurance will be launched soon","content":"\u003ch3\u003e\u003cstrong\u003eWith Choise.com Price Insurance users receive the opportunity to insure the amount of crypto they want to buy for a certain period of time. And if the price of a given crypto appears to be less than the insurance price at expiry, Choise.com will cover the losses.\u003c/strong\u003e\u003c/h3\u003e\n\u003ch3\u003e\u003cspan style=\"font-weight: 400;\"\u003eThe scheme is as follows.\u003c/span\u003e\u003c/h3\u003e\n\u003cp\u003e\u003cspan style=\"font-weight: 400;\"\u003eA user goes to Choise.com wallet and presses \u0026ldquo;Top up\u0026rdquo;, then selects the bank card paying method to purchase Bitcoin or Ethereum, or \u003cspan data-sheets-value=\"{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:\u0026quot;virtual card bitcoin\u0026quot;}\" data-sheets-userformat=\"{\u0026quot;2\u0026quot;:1049149,\u0026quot;3\u0026quot;:{\u0026quot;1\u0026quot;:0},\u0026quot;5\u0026quot;:{\u0026quot;1\u0026quot;:[{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:0,\u0026quot;5\u0026quot;:{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:0}},{\u0026quot;1\u0026quot;:0,\u0026quot;2\u0026quot;:0,\u0026quot;3\u0026quot;:3},{\u0026quot;1\u0026quot;:1,\u0026quot;2\u0026quot;:0,\u0026quot;4\u0026quot;:1}]},\u0026quot;6\u0026quot;:{\u0026quot;1\u0026quot;:[{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:0,\u0026quot;5\u0026quot;:{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:0}},{\u0026quot;1\u0026quot;:0,\u0026quot;2\u0026quot;:0,\u0026quot;3\u0026quot;:3},{\u0026quot;1\u0026quot;:1,\u0026quot;2\u0026quot;:0,\u0026quot;4\u0026quot;:1}]},\u0026quot;7\u0026quot;:{\u0026quot;1\u0026quot;:[{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:0,\u0026quot;5\u0026quot;:{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:0}},{\u0026quot;1\u0026quot;:0,\u0026quot;2\u0026quot;:0,\u0026quot;3\u0026quot;:3},{\u0026quot;1\u0026quot;:1,\u0026quot;2\u0026quot;:0,\u0026quot;4\u0026quot;:1}]},\u0026quot;8\u0026quot;:{\u0026quot;1\u0026quot;:[{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:0,\u0026quot;5\u0026quot;:{\u0026quot;1\u0026quot;:2,\u0026quot;2\u0026quot;:0}},{\u0026quot;1\u0026quot;:0,\u0026quot;2\u0026quot;:0,\u0026quot;3\u0026quot;:3},{\u0026quot;1\u0026quot;:1,\u0026quot;2\u0026quot;:0,\u0026quot;4\u0026quot;:1}]},\u0026quot;12\u0026quot;:0,\u0026quot;23\u0026quot;:1}\" data-sheets-hyperlink=\"https://choise.com/cards\"\u003e\u003ca class=\"in-cell-link\" href=\"https://choise.com/cards\" target=\"_blank\" rel=\"noopener\"\u003evirtual card bitcoin\u003c/a\u003e, \u003c/span\u003etaps on the \u0026ldquo;With insurance\u0026rdquo; bar, fills in card details and selects insurance conditions.\u003c/span\u003e\u003c/p\u003e\n\u003cp\u003e\u003cspan style=\"font-weight: 400;\"\u003eWhen selecting the conditions, the user specifies the desired amount, chooses a suitable period (i.e. expiry date) and the insurance price. He can also go to FAQ by clicking on link \u0026ldquo;Not clear enough\u0026rdquo; and tap on the \u0026ldquo;i\u0026rdquo; icon to see information about fees.\u003c/span\u003e\u003c/p\u003e\n\u003cp\u003e\u003cspan style=\"font-weight: 400;\"\u003eIt does not matter how the user buys BTC or ETH \u0026ndash; for USD, EUR, any other fiat or crypto \u0026ndash; the insurance conditions are always shown in USD. The insurance price will be charged in the payment asset and insurance coverage payment at expiry is always returned in USDT.\u003c/span\u003e\u003c/p\u003e\n\u003cp\u003e\u003cspan style=\"font-weight: 400;\"\u003eFor example, the user buys 0.1 BTC at a $20,000 rate and covers it with the insurance rate of $18,000 for 30 days. He \u003c/span\u003e\u003cspan style=\"font-weight: 400;\"\u003epays $2000 for 0.1 BTC and $X for insurance (the cost will be calculated in the App via mathematical algorithm) plus fees for the transaction. The exact amount of fees is calculated automatically for each transaction.\u003c/span\u003e\u003c/p\u003e\n\u003cp\u003e\u003cspan style=\"font-weight: 400;\"\u003eIf after 30 days the BTC price is $18,000 or more, the insurance will expire.\u003c/span\u003e\u003c/p\u003e\n\u003cp\u003e\u003cspan style=\"font-weight: 400;\"\u003eIf after 30 days the BTC price falls under $18,000, e.g. $17,000, the user will receive 0.1 x (18 000 \u0026ndash; 17 000) = 100 USDT coverage.\u003c/span\u003e\u003c/p\u003e\n\u003ch3\u003e\u003cspan style=\"font-weight: 400;\"\u003eCurrently, Price Insurance is available only for Bitcoin and Ethereum purchases. \u003c/span\u003e\u003c/h3\u003e\n\u003cp\u003e\u003cspan style=\"font-weight: 400;\"\u003eIt cannot be sold ahead of schedule \u0026ndash; just held until its expiration.\u003c/span\u003e\u003c/p\u003e\n\u003cp\u003e\u003cspan style=\"font-weight: 400;\"\u003eThe user does not need to have BTC on his wallet for insurance to be working by the expiry. Insurance is a separate product and it will work without regard to the user\u0026rsquo;s BTC position. He will simply receive the price difference on insured volume to the wallet, and that\u0026rsquo;s all.\u003c/span\u003e\u003c/p\u003e\n\u003cp\u003e\u003cspan style=\"font-weight: 400;\"\u003eActive insurances are displayed in the wallet on the BTC or ETH pages.\u003c/span\u003e \u003cspan style=\"font-weight: 400;\"\u003eAlso, detailed information regarding each transaction with insurance involved is available in the transaction history.\u003c/span\u003e\u003c/p\u003e\n\u003ch3\u003e\u003cstrong\u003eHedge your risks with Choise.com Price Insurance and feel safe while going crypto.\u003c/strong\u003e\u003c/h3\u003e","short_content":"Price Insurance is an option to fix a guaranteed minimum price when buying BTC or ETH. From now on it is possible to buy crypto with no stress even if the price falls. Sounds awesome, right?","seo_title":null,"seo_description":null,"seo_keywords":null}]}},"__N_SSP":true},"page":"/news/[category]/[slug]","query":{"category":"updates","slug":"price-insurance"},"buildId":"pnPclDEvF5ORCHIipmwih","isFallback":false,"isExperimentalCompile":false,"gssp":true,"locale":"en","locales":["en","es"],"defaultLocale":"en","scriptLoader":[]}</script></body></html>