Do Cryptocurrency exchanges have beneficiary clauses? In other words, if I die, how will my wife enherit my Bitcoin and altcoins?

in bitcoin •  7 years ago 

If you have your crpytos in Coinbase, or whatever wallet service for that matter you could leave your log in credentials to your wife with your will.

But at this stage in the game there are no services that will give her the cryptos if you pass.

stay alive!

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Nice idea)))))

Just take them with you to be safe.

I guess people can google: digital assets beneficiary clauses :-) Loads of docs on how to deal with digital assets after death.

I thought about this. I feel best bet is to teach her in a way to understand the concept of private keys and security of cryptos. I mean its gonna make you both rich, at mass adoption. I do believe staying alive will help a lot because these problems will be solved in some kind of digital crypto Will. Maybe using something like Factom. I do believe safe keeping this information from your wife or husband while you are alive is also a good idea ;) if they love to spend.

Give her the passwords!

Yes, this is a real concern! If you ever pass, and you don't give people your login as a backup, or instructions, all of it could be lost! Wether on an exchange or in a private wallet..

I think there is an ICO about that, DigiPulse