Its as safe as remote storage can be...an exchange approved depository.....
delawaredepository.com
insured for theft and natural disaster, but there are some reservs.:
"Customer holdings are protected through the use of FideliTrade's account structure, proprietary systems, stringent internal controls, and state-of-the-art security systems, along with various insurance coverages. Legal protections are afforded through the Uniform Commercial Code (i.e., holdings are identified as customer, not FideliTrade, assets). Also, FideliTrade maintains $100 million in "all risk" insurance coverage for bullion held in its high-security vaults, and $100 million in contingent vault coverage. Our policy is underwritten by Lloyd's of London and includes all risks of physical loss and/or physical damage, including mysterious disappearance and/or unexplained loss and shortage, employee dishonesty and theft. Loss or damage from fire, flood or other natural disaster are covered. Loss from acts of war, terrorism, cyber attack, radioactive contamination, and chemical, biological, biochemical and electromagnetic weapons are excluded. |
