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CoinBene launches contract insurance, allowing users to make a solid profit

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4 years ago

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CoinBene has been operating smoothly for nearly 4 years since its establishment in August 2017. Since the currency circle is updated quickly, CoinBene’s ability to run for three years is a proof of its strength.

CoinBene has obtained MSB financial license in the United States and MAS financial license in Singapore, with more than 100,000 daily users and daily transaction volume reaching USD 3 billion. In terms of ranking, CoinBene has become one of the first-tier exchanges.

According to relevant data, there are over 5 million registered users on CoinBene platform at present. The number of daily active users exceeds 100,000; The peak daily activity of the contract exceeds 15,000.  The daily transaction volume exceeds 3 billion USDT.  The peak value of contract transactions exceeded USDT 2 billion.

For the exchange, the larger the number of users, the more likely it is to have security problems. Under the background of frequent crash down and hacking in major exchanges, CoinBene has been running smoothly, and there has never been a safety accident.

Moreover, in order to better protect users’ assets, CoinBene has successively introduced payment mechanism and contract insurance. There is any platform safety accident, crash down, etc. on CoinBene platform. The platform will compensate in full. After users purchase contract insurance, liquidation can get claims.

CoinBene with double insurance mechanism is very reliable for users, especially inexperienced users.

CoinBene contract trading is growing rapidly after being launched. The number of daily active users of the contract has increased 202% year-on-year, and nearly 13,000 new users were registered in November. To address the security issues of the contract, CoinBene recently launched a number of measures, firstly, it launched the “guarantee to pay compensations” mechanism, and then on August 10, CoinBene launched the “contract insurance” function. The successive security initiatives are intended to give users multiple layers of protection for their positions, allowing all users to trade with peace of mind at CoinBene, regardless of the market’s ups and downs.

Double compensations, no fear of fluctuations

The contract market fluctuates frequently. On March 12, BTC plummeted from $7,000 to $3,800, and that night, long position liquidation was more than $5 billion. According to the data, on March 16, the contract market liquidation totaled $480 million, long position liquidation $303 million, short position liquidation $177 million.

CoinBene has been focusing on product security research and development since 2017, with 5 stars in Anchain and Bitforest professional penetration test reports. In the “March 12” incident, CoinBene did not crash down at all, avoiding unnecessary losses for users.

Based on the confidence in its own technology and responsibility to users, CoinBene has launched guarantee to pay compensations for all platform incidents during the trading process.

In addition to protecting users’ assets from the technical perspective of the platform, CoinBene has launched the “contract insurance” function in order to reduce the losses caused by users’ liquidation.

CoinBene’s contract insurance adopts the “double compensation” mechanism, and once liquidation occurs, it will be reviewed within 24 hours. After passing the review, the compensation will be paid on the next day.

The k line is unpredictable, no matter if people are masters or novices, there are always times when they can’t see the market or judge the trend, after purchasing the contract insurance, no matter how unpredictable the market is, it can protect positions from losses.

CoinBene intends to enhance the security of contracts through “guarantee to pay compensations” and “contract insurance”. No matter how the market fluctuates, users can open positions at any time in CoinBene without fear of fluctuations, security is guaranteed and liquidation is paid. 

Easy to operate, stable profit

CoinBene’s contract insurance uses the “double compensation” mechanism, users only need to open a position at the same time to buy insurance, in case of market fluctuation liquidation, the platform will double the compensation. Users can get both the principal and the money purchased insurance, equivalent to capital preservation, to ensure that the steady income is not lost.

That is, if the insurance ratio purchased 100%, after the liquidation, a loss of $10. Then the user can get a $20 compensation, minus the $10 for buying insurance, the user gets back exactly $10 as principal.

CoinBene, established in 2017, has accumulated strong strength through three years of operation, and has set up a “10 million insurance fund” to ensure that all compensations are completed on time. The insurance fund exists independently of CoinBene and operates under the same logic as the traditional insurance industry, with the fund only used to pay out platform claims.

CoinBene has obtained MAS financial payment license in Singapore and MSB financial license in the U.S. Based on the global ecological layout, it has set up sub-stations in 9 countries around the world.

After CoinBene launched the contract, the data continued to grow – the average daily active trading users of the contract grew 200%, and the trading volume grew 47%. nearly 13,000 new registered users were added in November, and the contract trading volume exceeded 257.1 billion.

With the growth of users, user demand is gradually increasing. CoinBene has launched a number of contract support functions: a simple version of the contract for novice users, a one-click order follow-up for contract newcomers to increase their profits, and the recent security mechanism – guarantee to pay compensations mechanism and contract insurance ……

All features, mechanisms, are designed to enhance the user’s trading experience, regardless of the ups and downs of the market, so that all users can trade with peace of mind in CoinBene, which is the original aspiration of CoinBene, which has been available for three years.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

BIO-H: “Running in Both Directions” Towards Healthy Development Together

Published

19 minutes ago

on

March 6, 2025

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-Witness the fruitful co-operation between BIO-H and New Zealand-Chinese companies.

While the 7th China International Import Expo (CIIE) was holding it opening ceremony on 5 November 2024, another important international trade event, the ” New Zealand-China Bilateral Business Co-operation Conference”, was in full swing. 

In this New Zealand-China trade exchange and co-operation event, nine outstanding companies and their representatives from various industries came together from all over the country to bring the New Zealand-China trade co-operation programme to fruition.

In addition, each partner also had a wonderful fruitful sharing and in-depth exchanges, these companies also include BIO-H .

The “New Zealand-China Bilateral Business Co-operation Launch” officially began with a speech by Mr Todd McClay, New Zealand’s Minister of Trade.

Minister McClay said at the conference that New Zealand businesses are working hard to develop Chinese market and are committed to working with industry partners to develop the most appropriate and innovative products in response to the constant demand from consumers.

With the countless success stories of co-operation in the past and today, there will be more and more fruitful harvests in the future, highlighting the strong and optimistic economic relationship between New Zealand and China.

In order to let more consumers experience a higher quality of green lifestyle, feel the pure health of ecology from nature, New Zealand and China still need to work hard in the future!

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Mr Todd McClay, New Zealand’s Minister of Trade, is speaking at the launch.

Mr. Li Jiawei, CEO of BIO-H, successfully completed the co-operation in the presence of the New Zealand Ambassador to China, Mr. Grahame Morton the Minister of Trade of New Zealand, Mr. Todd McClay, and other organisers.

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Mr Li Jiawei, CEO of Bio (second from right in the picture) was invited to participate in the award ceremony with Mr Grahame Morton, Ambassador of New Zealand to China, and Mr Todd McClay, Minister of Trade of New Zealand.

The BIO-H brand was honoured with this award thanks to the New Zealand Chamber of Commerce and Minister McClay.

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Mr Todd McClay, Minister of Trade of New Zealand, is presenting the award to Mr Li Jiawei, CEO of BIO-H and BIO-H.

In the picture below, Mr Li Jiawei, CEO of BIO-H, is holding the “Most Trusted Brand Award” that BIO-H won at the Sino-New Zealand Bilateral Enterprise Cooperation and Exchange Conference.

This is a high appreciation for partners who have made outstanding contributions in the field of health products. It is also an incentive for the brand to become a benchmark in the health industry in the future, so that more consumers can experience a healthy life with higher quality.

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Mr Li Jiawei, CEO, BIO-H

Award presentation with Mr Grahame Morton, New Zealand Ambassador to China (left in the picture)

Among the members of the New Zealand side participated in this meeting, there was a female guest of honour with a strong connection with Chinese nation.

For those always follow the international current affairs, she is the one always be heard. She is the Chinese Member of Parliament for the New Zealand National Party, Nancy Lu, who is fluent in four languages (Mandarin, Cantonese, English and Maori) and has made the Chinese language resonate through the New Zealand Parliament again, which has been a hot topic on the Internet a while ago.

As an important Member of Parliament, Ms Lu Nan connects the friendship and development between China and New Zealand and reflects the importance of this meeting. On this occasion, the BIO-H team had the opportunity to have an official meeting with the MP.

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Mr Li Jiawei, CEO, BIO-H

Group photo with Ms Nancy Lu, New Zealand Chinese Member of Parliament (The right one in the picture).

Afterwards, Mr Li Jiawei also participated in the award presentation session together with other representatives who won the award.

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After the award ceremony, Mr Li Jiawei also had a photo with Mr Peter Chrisp, the then Chief Executive Officer of the New Zealand Trade Development Agency (NZTDA).

Mr Peter also talked about the origin of the trophy. The shape of the trophy comes from the Maori national culture and means a totem that symbolises the sun.

Mr Peter also praised BIO-H’s Fish Oil and Manuka Honey tablets. He hoped that the brand and its products would flourish and become as symbolic as the trophy in his hand.

In addition, Mr Peter also emphasised that with the increasing trade between New Zealand and China, especially the deepening cooperation in cross-border e-commerce, it is hoped that more local New Zealand brands such as BIO-H will enter China through e-commerce platforms and be recognised by consumers.

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The right one in the picture is Mr Peter Chrisp, Chief Executive Officer of Trade Development New Zealand.

Finally, Let’s congratulate BIO-H again for winning the “Most Trusted Brand Award”, I believe that in the future, they will, as always, maintain the excellent entrepreneurial spirit and product quality, live up to the expectations and trust of consumers,and make persistent efforts!

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Press Release

Duckit Debuts: ArchLoot Enhances the Web3 Gaming Ecosystem with a New Addictive Adventure

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50 minutes ago

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March 6, 2025

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Singapore, 6th March 2025, ZEX PR WIRE, ArchLoot, a pioneer in blockchain-based gaming, proudly announces the release of Duckit, a fast-paced and endlessly addictive mini-game set to redefine player engagement within the Web3 ecosystem. Following the success of its interactive NFT game and the ArchLoot Mini-App, Duckit emerges as a key driver in ArchLoot’s expanding ecosystem.

Duckit offers endless replayability, encouraging players to stack, collect, and unlock unique ducks while continuously pushing their limits.

The game’s appeal lies in its simplicity—tap, stack, consume. But beneath this straightforward gameplay lies a complex system of rewarding progression and rare unlockables that keep players coming back for more. Duckit is meticulously crafted to be the kind of game you can’t put down, with each round offering the irresistible urge for “just one more.”

A Unified Vision for Web3 Gaming

Duckit joins ArchLoot’s growing suite of games, each contributing to a comprehensive Web3 gaming ecosystem. This ecosystem includes:

  • ArchLoot (UGC Interactive NFT Game): A high-complexity, player-driven game that redefines NFT customization and ownership.

  • ArchLoot Mini-App: A lightweight, high-engagement entry point into Web3 gaming, designed to seamlessly onboard players.

  • Duckit: A hyper-addictive mini-game that fuels player engagement and retention, completing the ecosystem loop.

Together, these games transform ArchLoot from a standalone innovation into a thriving platform, bridging content creation, accessibility, and engagement for long-term sustainability in the Web3 gaming landscape.

Built by Gamers, Backed by Web3 Stakeholders

Driven by a team of hardcore gamers and tech innovators, ArchLoot is committed to creating a dynamic, multi-layered gaming experience. Supported by a dedicated community and AL token stakeholders, ArchLoot has consistently evolved through multiple crypto cycles, reinforcing its vision of a sustainable crypto gaming future.

About ArchLoot

Launched in 2022, ArchLoot is an NFT-based UGC game with loot-style composability and playability. Being influential in Ethereum, TON and other renowned ecosystems, it provides the first interactive gameplay in the industry, which fully enables on-chain implementation of upgradeable characters/props NFTs and unleashes its potential for playability and user-generated content robustness.

Gathering talents from the world’s leading gaming publisher, AI projects, and financial elites, the team gathered experienced members and is currently operating across continents.

Official website: www.archloot.com

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Press Release

Digital Marketing Agency Holds Trademark for Results Driven Marketing®

Published

2 hours ago

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March 6, 2025

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Philadelphia, PA, United States, 5th Mar 2025, – Results Driven Marketing, LLC proudly announces that it holds the official trademark for Results Driven Marketing®, as conferred by the United States Patent & Trademark Office (USPTO). The service mark was successfully registered on July 24, 2018, under registration number 5,522,535, and has recently been renewed by the Director of the USPTO for five years.

“Securing the Results Driven Marketing® trademark is a testament to our dedication to innovation and excellence in the marketing sector,” said Janeene High, CEO of Results Driven Marketing, LLC. “We remain committed to delivering results-driven strategies that empower our clients to achieve their marketing goals.”

The Results Driven Marketing service mark applies to Int. Classes 35 and 42 of the USPTO for the fields of business marketing consulting services, internet marketing, online advertising services, email blasts, graphic design, logo design, social media advertising, SEO, and consulting services. The service mark covers both the field of internet marketing and website design and creation.

The service mark further reinforces the company’s leadership in providing high-quality marketing and advertising services. The mark has been in commercial use since June 1, 2013, demonstrating the long-standing presence and commitment of Results Driven Marketing, LLC to delivering top-tier marketing solutions.

The trademark was officially filed on July 6, 2017, under serial number 87-517,627. The approval and registration of this service mark further establish Results Driven Marketing, LLC as a recognized and trusted name in the marketing industry.

Results Driven Marketing, LLC is an award-winning digital marketing agency in Charleston, SC, and Philadelphia, PA. Founded in 2013 by Janeene High, RDM is a full-service digital marketing agency that caters to small to medium-sized businesses across various industries. RDM has a client retention rating of above 95% year over year.

For more information about Results Driven Marketing, LLC and its services, please visit www.yourgooglegirls.com or Mike Bannan at 215-393-8700.

Media Contact:

Mike Bannan

Results Driven Marketing, LLC

Phone: 215-393-8700

Email: Mike@rdmsc.com

www.yourgooglegirls.com

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Organization: Results Driven Marketing, LLC

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Mike@rdmsc.com

City: Philadelphia

State: PA

Country:United States

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