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

Published

5 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

Freedom Holding Corp. Receives BRSA Approval to Acquire Turkish Bank

Published

1 hour ago

on

July 1, 2026

By

Istanbul, Turkey, July 1st, 2026, FinanceWire

Regulatory approval marks a key milestone toward building Freedom’s full-service financial platform in Türkiye

Freedom Finansal Hizmetler A.Ş., a subsidiary of Freedom Holding Corp. (NASDAQ: FRHC), an international diversified financial services group operating in more than 20 countries, today announced that Türkiye’s Banking Regulation and Supervision Agency (BRSA) and Competition Authority of Türkiye has approved its planned acquisition of 99.32% of the share capital of Turkish Bank A.Ş.

BRSA approval is an important step toward completing the transaction and supports Freedom Holding Corp.’s strategy to build integrated financial services platforms in selected growth markets. Upon closing, Turkish Bank A.Ş., a Turkish banking institution with a history dating back to 1982, will become part of the Group’s regional platform in Türkiye, alongside its brokerage, investment and capital markets businesses.

“Türkiye is a strategic market for Freedom, and we are entering it with a clear understanding of what we want to build. In Kazakhstan, we have already proven that a digital ecosystem can become part of people’s everyday lives. In less than two years since its launch, Freedom SuperApp has reached 5.67 million users and has become one of the country’s fastest-growing digital services. We have brought financial services and advanced digital products together on a single platform, allowing them to complement and strengthen one another,” said Timur Turlov, founder and Chief Executive Officer of Freedom Holding Corp.

“This is the experience we intend to bring to the Turkish market, where the potential client base could be four to five times larger than in Kazakhstan. The acquisition of a bank creates the foundation for scaling a model that has already proven its effectiveness, and BRSA approval is an important step toward launching it in Türkiye,” Turlov added.

Following completion of the acquisition, Turkish Bank will continue to operate under Turkish regulatory supervision and will gain access to Freedom’s expertise in digital financial services, technology-driven distribution and client-focused product development.

BRSA approval also comes as Freedom Holding is in the final stage of establishing its brokerage business in Türkiye. Final authorization from the Capital Markets Board of Türkiye would allow the Group to expand its financial products and services for retail, affluent and high-net-worth clients, as well as small and medium-sized businesses and corporate clients.

The Bank is expected to support Freedom’s regional strategy by enabling deeper integration of banking services, capital markets, insurance and cross-border financial solutions. Over time, the model may be expanded through non-financial services, including e-commerce, telecommunications and lifestyle offerings.

“BRSA approval is an important step toward implementing our strategy in Türkiye,” said H. Cenk Eynehan, Chief Executive Officer of Freedom Finansal Hizmetler A.Ş. “Following completion of the transaction, we will have the opportunity to combine the heritage and market position of an established Turkish banking institution with Freedom’s technology, entrepreneurial culture and international expertise. Our priority will be to create additional value for clients through innovation, accessibility and an expanded range of financial products and services.”

Freedom plans to implement a modernization and growth program focused on digital transformation, client channels, product expansion and operational efficiency. Integration will focus on technology infrastructure, client experience, product development and cooperation among Freedom’s Turkish business lines.

The transaction is expected to expand Freedom Holding Corp.’s presence across Eurasia, the Middle East and Central Asia and support the Group’s long-term investment strategy in selected growth markets.

The Freedom Holding Corp.’s banking business is already present in Tajikistan. In November last year, The Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market granted the holding company approval to establish a bank in Georgia. In early June, Freedom Holding Corp. submitted an application to the French regulator for a banking license. Timur Turlov noted that the company plans to invest approximately €500 million in developing its digital ecosystem in France.

About Freedom Holding Corp.

Freedom Holding Corp. provides financial services in 22 countries, including Kazakhstan, the United States, Cyprus, Poland, Spain, Uzbekistan, and Armenia. The Company’s principal executive office is located in New York City. In Kazakhstan, Freedom is actively developing its financial and digital ecosystem, which includes Freedom Bank, Freedom Broker, the insurance companies Freedom Life and Freedom insurance, as well as a lifestyle segment that features Arbuz.kz, Freedom Ticketon, and Aviata. Freedom Holding Corp. shares are traded on the U.S. technology exchange NASDAQ, the Kazakhstan Stock Exchange (KASE), and the Astana International Exchange (AIX) under the ticker symbol FRHC. Freedom Holding Corp. is regulated by the U.S. Securities and Exchange Commission (SEC) and the common stock is included in Russell 3000 Index.

Freedom Finansal Hizmetler A.Ş., a wholly owned subsidiary of Freedom Holding Corp., was established in 2022 to support the Group’s expansion in Türkiye’s financial services sector. The company focuses on financial consulting and investments across banking, insurance, capital markets, payment systems and other financial services, including supporting the capitalization and development of portfolio companies.

In 2025, the Capital Markets Board of Türkiye granted the company an establishment license. Freedom Yatırım Menkul Değerler A.Ş. was subsequently established and is working toward obtaining an operating brokerage license upon meeting the regulator’s requirements

Turkish Bank A.Ş. is a commercial bank operating in Türkiye and a member of TurkishBank Group. The bank provides a range of financial services, including corporate, commercial and retail banking solutions.

TurkishBank Group, established in 1901, is a privately owned financial services group operating across Türkiye, the Turkish Republic of Northern Cyprus and the United Kingdom. The Group provides banking, financial and wealth management solutions through an international network.

Contact

Head of Public Relations
Natalia Kharlashina
Freedom Holding Corp.
prglobal@ffin.kz
+77013641454

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Press Release

Official ! Vanessa Hudgens Joins EKOUAER as Brand Friend to Launch “My Comfort Era”

Published

2 hours ago

on

July 1, 2026

By

This summer, global comfort-fashion brand EKOUAER welcomes Hollywood actress and style icon Vanessa Hudgens as its Brand Friend. Rooted in a shared belief that true comfort empowers rather than constrains, the partnership champions confidence, authenticity, and female strength—rejecting fleeting trends in favor of clothing that genuinely supports women in their daily lives.

From Icon to New Mom

For Vanessa, 2026 marks a turning point: from the teenage icon of High School Musical to a new mother and working woman, she moves effortlessly between multiple roles while maintaining her signature natural ease. This perfectly mirrors the brand spirit of EKOUAER. The collaboration, themed “My Comfort Era,” reflects both her life philosophy and the brand’s enduring conviction—that when women stop measuring themselves by external standards, and when the tug-of-war between career and family transforms into a conscious inner order, comfort becomes a choice that is both intentional and powerful.

Vanessa was drawn to EKOUAER’s sincerity,from fabric to fit, every design is built around real women’s lives, with no excess or anxiety, only thoughtful companionship. “Comfort is strength,” she believes, and she joins the brand to spread that message worldwide.

Crafted Design That Defines Comfort as Strength

A fan favorite on Amazon, EKOUAER has earned global loyalty through premium fabrics, ergonomic tailoring, and a deep understanding of modern women’s lives. Alongside this announcement, the brand is launching a range of summer essentials — featuring its signature soft, breathable fabrics now upgraded with machine-washable convenience and draped silhouettes that balance beauty with practicality, so everyday dressing never feels like a burden.

A New Chapter with Women Everywhere

This partnership is both a global milestone and a heartfelt resonance with modern women. Vanessa brings vibrant energy to “My Comfort Era,” while EKOUAER offers quiet, crafted support to every woman navigating life’s many stages.

“Comfort is not a compromise—it is the best expression of inner strength,” says Sidney Sun, CMO of EKOUAER. Together with Vanessa, the brand invites every woman to step into her own Era of Comfort—free from anxiety, true to herself, and beautifully authentic. A new chapter begins now. Be real. Be comfortable. Be entirely your own.

EKOUAER

Dana Li

pr@EKOUAER.com

New York, US

https://EKOUAER.com/

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Press Release

PersonalHour Expands Manufacturing and Fulfillment Operations Across the United States

Published

3 hours ago

on

July 1, 2026

By

PersonalHour is a Pilates equipment and wellness technology company based in Dublin, Ohio. The company designs and manufactures home Pilates reformers, including the Janet Elite Plus, and provides fulfillment, delivery, and customer support services to buyers across the United States.

DUBLIN, Ohio PersonalHour, a Pilates equipment and wellness technology company, has opened a dedicated manufacturing workshop for a walnut-wood version of its Janet Elite Plus Pilates reformer and expanded its fulfillment operations to serve customers in 16 states.

The walnut workshop and the fulfillment expansion are intended to address two areas the company has identified as priorities: product construction and delivery times for large equipment shipped to customers’ homes.

“A Pilates reformer is not just a product, it is something customers live with for years,” said Nadia Yacoub, founder and CEO of PersonalHour. “Our goal with this expansion is to improve both the construction of the Janet Elite Plus and the experience customers have getting it into their homes.”

The Janet Elite Plus, named after Yacoub’s mother, was introduced as a home Pilates reformer designed to replicate the experience of studio-quality equipment. The new workshop focuses on walnut wood construction, an option intended to expand the line’s material offerings.

According to the company, the workshop’s scope includes wood selection and finishing, visual consistency in craftsmanship, additional aesthetic options, and quality inspections during production.

PersonalHour has also expanded its fulfillment operations to cover 16 states, a move the company says is intended to shorten delivery timelines and improve inventory availability in those markets.

The company said the expansion is part of a broader effort to position inventory closer to customers and to address common industry challenges such as long delivery windows and freight coordination for oversized shipments.

Shipping times, communication during delivery, and support after a reformer arrives,” Nadia Yacoub said. “Those are areas where customers have told us experience matters as much as the equipment itself.”

The announcements come as demand for home Pilates equipment has grown in the United States, with some consumers seeking alternatives to studio memberships. PersonalHour expects to share additional updates related to product development and operations later in 2026.

About PersonalHour

PersonalHour is a Pilates equipment and wellness technology company based in Dublin, Ohio. The company designs and manufactures home Pilates reformers, including the Janet Elite Plus, and provides fulfillment, delivery, and customer support services to buyers across the United States. PersonalHour also operates an online platform offering Pilates-related educational content and resources.

Media Contact

Organization: Personal Hour

Contact Person: Joseph Shomali

Website: https://personalhour.com/

Email:
info@personalhour.com

City: Columbus

State: Ohio

Country:United States

Release id:40725

The post PersonalHour Expands Manufacturing and Fulfillment Operations Across the United States appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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