from losses caused by the platform. The fund, announced today, is fully financed by Toobit and offers automatic, free protection for all users. It activates the moment a trader makes their first deposit, showing Toobit’s strong focus on safety and trust.
According to the press release, Shield Fund will cover losses that happen because of technical or security failures inside the platform. However, it will not cover losses from trading mistakes, account hacks, or normal market swings.
The company noted that every trader can now trade, stake, or hold assets knowing there is a safety net in place. Mike Williams, Chief Communication Officer at Toobit, said, “The safety of our traders’ funds is the bedrock of everything we do. The Shield Fund gives every trader an automatic safety net, so you can trade worry-free.”
Notably, Toobit has also added a live dashboard that shows the fund’s total value all day, every day. This helps users see how the fund is doing and builds more trust. The company believes being open about the funds makes users feel more secure.
The launch comes at a time when crypto platforms are facing more security problems. Data from Chainalysis shows that hackers stole about $2.17 billion in the first half of 2025. Because of this, many traders are searching for better protection. The Shield Fund helps close that gap by giving users extra safety that many platforms don’t yet offer.
Meanwhile, Experts say the market for crypto protection could grow to over $135 billion by 2032. Toobit’s new fund fits right into this trend and focuses on giving every trader simple and reliable coverage.
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