OKX brings Shield account protection to the US with up to $500,000 coverage
- —The $500,000 ceiling applies only to VIP 4–6 tiers; regular users get up to $100,000
- —Covered incidents include phishing, malware and SIM swaps; Passkey and MFA are required
- —Only one approved claim per verified identity across all OKX entities
- —The program debuted in the EEA on September 22, 2026
Why it matters: A major exchange is adding financial guarantees against account takeovers, potentially setting a market standard and boosting retail trust.
Source: Crypto Briefing