The Canadian Deposit Insurance Corporation (CDIC) does not protect your cryptocurrency in the event the crypto market fails. You cannot insure your crypto through your homeowner or tenant's insurance policy either. Some centralized custodial cryptocurrency exchanges insure your cryptocurrency from theft, fraud, hacks and other malicious activity while it is in their custody. However, you may be able to obtain a private insurance policy for your cryptocurrency. Private insurance policies for digital assets and crypto wallets are a new emerging market and growing in popularity. To find a centralized custodial exchange platform, use the above comparison tool and select Custodial from the menu to filter results. From there, click on Learn More to discover more about the platform, such as how it stores and secures your crypto.