Quote:
Originally Posted by icymelon
at least with a california bank you know your money is FDIC insured
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True.. But since you can only have 2500 on the CashX MC it's not that big a deal.. The wallet is more important and I haven't found any info as yet as to where CashX holds that money.
I think Paxum holds the wallet money in the Bank of Montreal which is also insured.
However, I don't think that really matters... The insurance is just meant to protect the account holders if the bank goes under... Wouldn't help if the company goes under I don't think.