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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

Dubai Health and Rush University System for Health Announce Strategic Collaboration to Advance Quality of Care

Published

14 minutes ago

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July 10, 2026

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Dubai, United Arab Emirates, 10th July 2026: Dubai Health has announced a strategic collaboration with Rush University System for Health, one of the leading United States-based academic healthcare systems, ranked among the nation’s top institutions for quality, patient experience, and safety. The agreement is intended to leverage the respective expertise, capabilities, and resources of both academic health systems to support improved patient outcomes and foster continuous learning, in alignment with international best practices.

Dubai Health

The agreement was signed by Dr. Amer Sharif, Chief Executive Officer of Dubai Health and President of Mohammed Bin Rashid University of Medicine and Health Sciences, and Dr. Omar Lateef, President and CEO of Rush University System for Health and Rush University Medical Center, in the presence of His Excellency Dr. Alawi AlSheikh-Ali, Director General of Dubai Health Authority.

The collaboration outlines areas of cooperation spanning clinical programs and care models, quality and patient safety, performance management, digital health, research, and innovation activities. It also encompasses education, training, and workforce development across medical, nursing, allied health, and leadership domains.

Dr. Amer Sharif, said: “We value the opportunity to engage with Rush University System for Health, which brings together two academic health systems united in a shared commitment to advance health for humanity.”

He added: “Through meaningful knowledge exchange and mutual learning, we look forward to delivering better outcomes for the communities we serve while supporting the development of qualified talent across disciplines and reinforcing Dubai’s position as a global healthcare destination.”

Dr. Omar Lateef, said, “This strategic collaboration creates incredible opportunities to view safety, quality, and the patient experience through a global lens — one that fosters a culture defined by best practices over geographic location. While each system has developed a worldwide reputation for excellence, we have much to learn from one another, with the ultimate beneficiaries being our patients.”

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Press Release

TrueDAO Raises $10 million in Strategic Funding to Accelerate AI-Powered Financial Infrastructure

Published

29 minutes ago

on

July 10, 2026

By

New York, USA, July 10th, 2026, Chainwire

TrueDAO announced today the completion of a $10 million strategic funding round. The round was led by Brevan Howard Digital, with participation from Zee Prime Capital and Jump Capital. The proceeds will primarily fund core AI protocol development, AI-driven risk control, security audits, global compliance efforts, and the expansion of ecosystem partnerships.

The journey to this milestone began a year ago when the TrueDAO team set out to build a decentralized financial infrastructure driven by smart contracts, on-chain reserves, dynamic adjustment mechanisms, and community governance. The initiative aimed to address challenges in the traditional crypto industry regarding yield sustainability, risk response, reserve transparency, and governance efficiency; since then, the team has successfully developed the core protocol architecture.

TrueDAO is not designed for a single blockchain application; instead, it aims to serve as a modular financial infrastructure, providing global ecosystem projects with liquidity management, reserve management, risk alerts, yield distribution, and governance support.

This funding round will focus on five key areas: refining smart contracts and protocol modules; building AI-driven risk monitoring and stress-testing systems; implementing independent security audits, real-time monitoring, and bug bounty programs; advancing legal and compliance assessments across various jurisdictions; and releasing developer documentation while expanding ecosystem partnerships.

SoLee, Head of Marketing at TrueDAO stated “Raising $10 million is a significant milestone, but it is not the finish line. While capital accelerates development, it cannot replace security, transparent governance, and genuine value creation. We remain committed to building an on-chain financial infrastructure that is auditable, verifiable, and governable.”

Following the funding, TrueDAO will advance its testnet launch, security audits, developer tools, and ecosystem integration plans, while disclosing protocol operations and reserve data in phases. Specific launch dates, token arrangements, and incentive mechanisms will be subject to official announcements and applicable laws.

About TrueDAO

TrueDAO is an AI-driven decentralized autonomous financial infrastructure project. It is dedicated to building an open, transparent, and composable on-chain financial system through the integration of smart contracts, on-chain data, AI risk analysis, dynamic value adjustment, protocol reserves, and DAO governance.

TrueDAO Website: www.truedao.ai

Contact

TrueDAO
info@truedao.ai

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Press Release

OGM Group Absorbs WAF, Strengthening Orion Funded’s Leadership in the Spanish-Speaking Prop Trading Market

Published

60 minutes ago

on

July 10, 2026

By

Dubai, United Arab Emirates, July 10th, 2026, FinanceWire

OGM Group, the group behind Orion Funded, today announced the completion of the absorption of WAF, an emerging proprietary trading firm that experienced strong growth within the Spanish-speaking market.

The financial terms of the transaction remain confidential. While industry sources have suggested the deal could be valued in the seven-figure range.

The transaction forms part of OGM Group’s broader strategy to consolidate the proprietary trading sector through selective acquisitions and strategic transactions, while providing continuity for traders affected by firms exiting the market.

As part of the agreement, eligible WAF traders will be offered the opportunity to transition to Orion Funded at no cost. Accounts at breakeven or in drawdown will receive a new Orion account starting from the initial balance, while profitable accounts will be reviewed individually with the objective of preserving their existing balance wherever possible.

The transition is expected to be completed over the coming days and remains subject to Orion Funded’s Terms & Conditions, eligibility requirements, supported jurisdictions and compliance procedures.

David Viota Estévez, CEO of OGM Group, said:

“Over the last three years, we’ve focused on building strong companies, investing in technology and earning the trust of traders. Today, OGM Group is in a position where we can go a step further; not only by growing our own brands, but by bringing great businesses into our ecosystem and giving them the resources to grow even further. This transaction is a reflection of that vision, and it certainly won’t be the last. We’re already in conversations around several other opportunities that, if completed, will continue strengthening OGM Group over the coming months.”

Orion Funded has established itself as one of the leading proprietary trading firms serving Spain and Latin America. The company serves traders in more than 160 countries, was named Prop Firm of the Year 2025 by FundedTrading.com, is listed among the world’s leading proprietary trading firms by Prop Firm Match, and has built a strong reputation for transparent payouts, proprietary technology and operational stability.

For OGM Group, the transaction represents another step in its long-term expansion strategy as it continues investing in technology, infrastructure and strategic growth opportunities across the global proprietary trading industry.

About OGM Group

OGM Group is an international fintech group focused on proprietary trading and financial technology. Through Orion Funded and its portfolio of companies, the Group provides technology, infrastructure and trading solutions to clients in more than 160 countries while pursuing growth through product innovation, strategic acquisitions and commercial partnerships.

Legal Notice

This transaction is a commercial absorption designed to facilitate an orderly transition for eligible traders.

It does not constitute a statutory merger, legal succession or continuation of WAF as a corporate entity. WAF and Orion Funded remain separate legal entities, and Orion Funded does not assume WAF’s historical liabilities, contractual obligations or previous operations.

Any account issued by Orion Funded under this agreement is a new and independent account governed exclusively by Orion Funded’s own Terms & Conditions, trading rules, eligibility requirements, compliance procedures and supported jurisdictions.

Contact

Trexibel S.
Orion Funded
pr@orionfunded.com

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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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