is our investment secure with MooMoo ? What if it collapse, can we get back 100% of our investment? Pumping much liquidity into this platform makes me think twice. Any thoughts?
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jkak
:
if you owned US stock in moomoo platform, you have the insured to claim back up to USD 500K. for SG stock you owned in moomoo are custudion held in DBS bank. in the event moomoo collapsed your SG stocks are safe with DBS. In the event DBS collapse and means the worlds are in nuclear war.
Azzvia : I've been thinking about this before too ~
Mr Pistachio : this is a risk with China entity
Mr Pistachio : always be aware Moomoo is non custodial.You don't own the shares
星辰恋空 : @Moomoopedia SG
jkak : if you owned US stock in moomoo platform, you have the insured to claim back up to USD 500K. for SG stock you owned in moomoo are custudion held in DBS bank. in the event moomoo collapsed your SG stocks are safe with DBS. In the event DBS collapse and means the worlds are in nuclear war.