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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

Trash Daddy Dumpsters Highlights Its Established Service Coverage Across Colorado

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5 minutes ago

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July 24, 2026

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Arvada-based company provides roll-off dumpster rentals for residential, construction and cleanup projects

United States, 24th Jul 2026 — Trash Daddy Dumpsters, an Arvada-based roll-off dumpster rental company, has highlighted its established service coverage across Colorado.

Founded in 2020, the company provides residential and construction dumpster rentals for remodeling, construction, junk removal and property cleanup projects. Trash Daddy Dumpsters was ranked No. 11 on the 2025 Inc. Regionals: Rocky Mountain list.

The company serves a number of Colorado markets, including Arvada, Aurora, Colorado Springs, Denver, Fort Collins, Grand Junction and Longmont. Its Denver and Front Range operations cover communities north toward Fort Collins and south toward Colorado Springs.

Trash Daddy Dumpsters supplies roll-off containers for projects including home cleanouts, remodeling work, roofing, demolition, yard waste removal and construction. Dumpster sizes listed by the company range from 10 to 40 cubic yards, although availability may vary by location.

Customers can use the company’s online ZIP code tool to check local service availability and pricing. They can also contact the company directly for assistance with dumpster sizes, delivery questions and existing orders.

Trash Daddy Dumpsters was established by professionals with more than 15 years of experience in the roll-off and waste management industry. The company says its aim is to provide a straightforward rental process for residential customers, contractors and businesses.

While the company now serves markets across several states, Colorado remains its home state and includes several of its listed service areas.

About Trash Daddy Dumpsters

Trash Daddy Dumpsters is a roll-off dumpster rental company based in Arvada, Colorado. Founded in 2020, the company provides temporary dumpster rentals for residential cleanouts, construction, remodeling, roofing, demolition and other waste removal projects.

For further information or to check service availability, visit https://trashdaddydumpsters.com/.

Media Contact

Organization: Trash Daddy Dumpsters

Contact Person: Support Team

Website: https://trashdaddydumpsters.com/

Email: Send Email

Contact Number: +18889702144

Address:Arvada, Colorado, USA

Country:United States

Release id:47518

The post Trash Daddy Dumpsters Highlights Its Established Service Coverage Across Colorado 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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Press Release

Best DSR Automation Software in 2026: Why DataShyre Is Transforming Privacy Operations

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5 minutes ago

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July 24, 2026

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United States, 24th Jul 2026 – As privacy regulations continue to expand across the globe, organizations are under increasing pressure to respond to Data Subject Requests (DSRs) accurately and within strict legal deadlines. Whether it’s a request to access, delete, correct, or export personal data, manually fulfilling DSRs can overwhelm privacy, legal, IT, and security teams. That’s why investing in the best DSR automation software has become essential for organizations looking to scale compliance while reducing operational costs.

Traditional DSR management often relies on spreadsheets, shared inboxes, email chains, and manual coordination between multiple departments. This approach is slow, difficult to audit, and increases the risk of missed deadlines or incomplete responses. Modern DSR automation platforms eliminate these bottlenecks by automating the entire request lifecycle—from intake and identity verification to data discovery, fulfillment, and audit reporting. (DataGrail)

DataShyre provides a modern approach to DSR automation by connecting privacy workflows across an organization’s entire technology ecosystem. Instead of managing requests through disconnected tools, DataShyre centralizes every step into a single platform that helps organizations process requests faster while maintaining complete regulatory compliance.

The platform automatically manages the entire DSR workflow, including:

  • Centralized request intake from websites, portals, and email
  • Identity verification to protect sensitive information
  • Automated workflow routing and approvals
  • Personal data discovery across connected systems
  • SLA monitoring with deadline alerts
  • Secure fulfillment and delivery
  • Complete audit trails for regulatory reporting

By automating these repetitive processes, organizations can dramatically reduce manual effort while improving consistency and response times. DataShyre’s platform is designed to replace labor-intensive privacy operations with intelligent workflows that scale as request volumes grow. (datashyre.com)

One of DataShyre’s biggest differentiators is its extensive integration ecosystem. The platform connects with CRMs, customer data platforms (CDPs), cloud applications, databases, marketing platforms, HR systems, and enterprise applications, allowing privacy teams to locate and act on personal data without manually searching dozens of systems. Pre-built integrations and APIs help organizations automate fulfillment across their existing technology stack while maintaining a complete chain of custody for every request. (datashyre.com)

DSR automation also provides significant operational benefits beyond regulatory compliance. Automated workflows reduce human error, improve collaboration between privacy, legal, and IT teams, shorten response times, and provide executives with real-time visibility into request volumes, performance metrics, and compliance status. Organizations can spend less time managing administrative tasks and more time focusing on strategic privacy initiatives.

When evaluating the best DSR automation software in 2026, organizations should prioritize solutions that offer:

  • End-to-end workflow automation
  • Identity verification
  • Automated personal data discovery
  • Pre-built integrations and APIs
  • Configurable approval workflows
  • SLA tracking and deadline notifications
  • Secure audit logging and reporting
  • Support for GDPR, CCPA, CPRA, LGPD, and other global privacy regulations

Privacy compliance is becoming increasingly operational, and manual DSR management is no longer sustainable for growing organizations. Businesses need software that not only tracks requests but actively automates the work required to fulfill them.

For organizations looking to modernize privacy operations, DataShyre’s DSR Automation provides a comprehensive solution that streamlines every stage of the request lifecycle. By combining intelligent workflow automation, enterprise integrations, audit-ready reporting, and scalable privacy operations into a single platform, DataShyre helps organizations reduce response times, improve compliance, and deliver a better experience for both privacy teams and consumers. (datashyre.com)

Media Contact

Organization: DataShyre

Contact Person: David Ewing

Website: https://datashyre.com/dsr-automation/

Email: Send Email

Country:United States

Release id:47516

The post Best DSR Automation Software in 2026: Why DataShyre Is Transforming Privacy Operations 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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Press Release

Benifore Announces Launch of X1T PRO Full-Suspension Fat Tire Electric Bike Designed for Everyday Mobility

Published

5 minutes ago

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July 24, 2026

By

New electric bike combines powerful motor performance, long-range capability, and all-terrain versatility for modern riders

DENVER, CO, United States, 24th Jul 2026 – Benifore, an electric mobility brand focused on practical and performance-oriented electric bikes, today announced the launch of the Benifore X1T PRO, a full-suspension fat tire electric bike designed to support daily transportation, outdoor recreation, and versatile riding experiences.

The X1T PRO introduces a high-performance electric bike platform featuring a 1500W peak motor system, 90Nm torque output, extended battery capacity, full suspension, and wide all-terrain tires. The model is now available through the official Benifore online store with pricing starting at $899 USD.

Developed through a direct-to-consumer business approach, the X1T PRO reflects Benifore’s focus on creating accessible electric mobility solutions by connecting product development directly with real-world rider needs.

Benifore X1T PRO Performance Highlights

The Benifore X1T PRO was engineered for riders seeking a balance between performance, comfort, and everyday usability.

Key specifications include:

1500W Peak Motor System: The high-output motor system delivers strong acceleration and climbing capability, supporting a variety of riding conditions including urban routes, hills, and outdoor terrain.

90Nm Torque Output: The torque-focused motor system provides responsive power delivery designed for improved handling on inclines and challenging riding environments.

Up to 35 MPH Off-Road Riding Capability: The X1T PRO is capable of reaching speeds up to 35 MPH in off-road and private-property riding environments, where permitted by local regulations.

48V 20Ah Battery System: The high-capacity removable battery provides extended riding capability while supporting flexible charging and daily transportation needs.

Up to 65 Miles Maximum Range: The optimized power system enables longer-distance riding for commuting, recreation, and outdoor exploration.

400 lbs Payload Capacity: The reinforced frame structure is designed to support practical transportation requirements and a wide range of rider needs.

20″ x 4″ Fat Tires: The wide tire configuration enhances stability, traction, and comfort across pavement, gravel, dirt paths, and mixed terrain conditions.

Designed for Real-World Riding Experiences

The X1T PRO combines performance components with a rider-focused design approach.

The full-suspension system helps improve comfort and control when riding across uneven surfaces, while the fat tire configuration provides additional stability for different environments.

From daily commuting to weekend outdoor activities, the X1T PRO is designed to provide a flexible electric mobility option for riders looking for both capability and comfort.

Benifore’s Continued Evolution in Electric Mobility

The launch of the X1T PRO represents the continued development of Benifore’s electric mobility product strategy.

Building upon years of electric mobility development experience originally established under the Luckeep brand, Benifore continues to develop practical, reliable, and performance-focused electric bikes designed around real-world transportation and recreation needs.

“ The goal behind the X1T PRO was to create an electric bike that balances performance capability with everyday comfort,” said Mike Shen, Brand Director at Benifore.

“Modern riders are looking for products that can support different lifestyles, from daily transportation to outdoor exploration. The X1T PRO represents Benifore’s continued focus on developing practical electric mobility solutions.”

Availability and Pricing

The Benifore X1T PRO is officially available for purchase through the Benifore online store. The model is available with pricing starting at $899 USD, with a standard MSRP of $1,699 USD. Customer orders are scheduled to begin fulfillment through Benifore’s U.S. distribution network in August 2026. Additional product specifications and company information are available at: https://benifore.com

About Benifore

Benifore is an electric mobility brand dedicated to developing practical, reliable, and performance-focused electric bikes for modern riders. Building upon years of electric mobility development experience originally established under the Luckeep brand, Benifore combines product development expertise, manufacturing capabilities, and rider-focused design principles to create electric bikes for transportation, recreation, and outdoor applications. With U.S.-based customer support operations and global product development resources, Benifore continues to expand its electric mobility solutions for riders worldwide.

Media Contact

Organization: Benifore Automobile Co., Ltd.

Contact Person: Mike Shen

Website: https://benifore.com

Email: Send Email

City: DENVER

State: CO

Country:United States

Release id:47515

The post Benifore Announces Launch of X1T PRO Full-Suspension Fat Tire Electric Bike Designed for Everyday Mobility 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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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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