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

Published

5 years ago

on

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

Dr. Pettinato’s Toothasaurus Children’s Dentistry Welcomes Pediatric Dentist Dr. Matthew Raso

Published

9 hours ago

on

June 11, 2026

By

Wesley Chapel, FL, United States, 11th Jun 2026 – Dr. Pettinato’s Toothasaurus Children’s Dentistry has announced the addition of Dr. Matthew Raso, D.D.S., to its pediatric dental team and the introduction of several new services designed to make dental care more engaging and preventive for children.

Dr. Raso earned his dental degree from Columbia University College of Dental Medicine and completed his residency at Geisinger Medical Center in Pennsylvania. He joins the Wesley Chapel practice with a passion for helping children build healthy smiles and positive dental experiences.

The practice recently introduced Prismo™ Crowns, colorful pediatric crowns that allow children to personalize their treatment experience, and Twinkle Star™ Fillings, decorative restorations available in themes such as Rainbow, Camouflage, Glass Slipper, Lava, and other kid-friendly designs.

To further support prevention, the practice now offers Caries Susceptibility Testing, an advanced diagnostic service that helps identify factors contributing to tooth decay and provides families with personalized recommendations to help reduce cavity risk.

Known for its dinosaur-themed office experience, Toothasaurus Children’s Dentistry combines preventive dentistry, patient education, and child-centered care through what the team calls “The Toothasaurus Way.”

“The addition of Dr. Raso and these new services reflects our commitment to helping children achieve healthy smiles through prevention, education, and positive dental experiences,” said Dr. Tierney Pettinato, owner of Toothasaurus Children’s Dentistry.

The practice is currently accepting new patients throughout Wesley Chapel and surrounding communities.

 

About Dr. Pettinato’s Toothasaurus Children’s Dentistry

Dr. Pettinato’s Toothasaurus Children’s Dentistry provides preventive, restorative, and comprehensive dental care for infants, children, and adolescents in Wesley Chapel, Florida.

Media Contact

Organization: Dr. Pettinato’s Toothasaurus Children’s Dentistry

Contact Person: Dr. Tierney Pettinato, Dentist & Owner

Website: https://www.drpettinato.com/

Email:
Smile@drpettinato.com

City: Wesley Chapel

State: FL

Country:United States

Release id:45895

The post Dr. Pettinato’s Toothasaurus Children’s Dentistry Welcomes Pediatric Dentist Dr. Matthew Raso 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

moove.xyz Expands Across Nigeria, Kenya and Greater African Region To Power Stablecoin Payments

Published

10 hours ago

on

June 11, 2026

By

Hong Kong S.A.R., 11th Jun 2026 – moove.xyz, the global Web3 fintech platform built for the permissionless and effortless movement of value, is expanding its reach across Africa to enable fast, low-fee cross-border stablecoin payments for the continent’s fastest-growing digital workforce. By allowing freelancers, creators, influencers, and professional service providers to get paid in stablecoins such as USDC and USDT across 30+ blockchains with no KYC, moove.xyz is delivering a Web3 payment gateway purpose-built for regions where traditional financial infrastructure remains costly, slow, and unreliable.

Across African markets — including Nigeria, Kenya, Ghana, South Africa, Egypt, and Tanzania — volatile exchange rates, limited banking access, and expensive cross-border transfer fees continue to hold back some of the world’s most ambitious earners. A designer in Lagos, a developer in Nairobi, or a content creator in Accra often waits days for an international payment to clear, only to lose a painful share of it to FX spreads, correspondent-banking charges, and intermediaries. moove.xyz addresses these challenges with a unified, non-custodial wallet app that enables users to send crypto instantly and get paid globally in stablecoins, preserving value, avoiding local currency volatility, and accessing global markets with transparent, fast, and significantly lower-cost on-chain settlement — bypassing outdated banking rails entirely.

“Our mission at moove.xyz is to make global money movement effortless and accessible, especially in regions where financial inefficiencies hold people back,” said moove.xyz in a company statement. “For freelancers, creators, influencers, and professional service providers across Africa, getting paid by a client overseas should not mean losing value to FX spreads, delays, or identity checks. With moove.xyz, users can get paid globally in stablecoins like USDC and USDT, instantly and with full control, regardless of borders or local banking constraints — that is what a truly borderless, KYC-free crypto payment experience looks like.”

moove.xyz supports 16,000+ cryptocurrencies across 30+ blockchains, enabling African users to accept stablecoin payments such as USDC and USDT on networks including Bitcoin, Ethereum, Solana, Avalanche, Arbitrum, Base, zkSync, Polygon zkEVM, Blast, Mantle, and Celo. Behind the scenes, an integrated cross-chain bridge and EVM-compatible routing let users swap crypto across chains and settle in the asset they want, on the network their client uses — true crypto interoperability without the unpredictable slippage, slow settlement, or high gas fees of legacy tools. With branded @moovehandles, universal QR Codes, and payment links, a creator in Lagos can get paid by a brand in London without managing wallet addresses or juggling multiple chains, while benefiting from predictable fees, near-instant settlement, full non-custody, and no KYC.

The timing matters. Africa is among the fastest-growing stablecoin and Web3 markets in the world, with stablecoins increasingly used not for speculation but for everyday cross-border earning, saving, and settlement. As demand grows for a global DeFi payment app for businesses and individuals alike, moove.xyz is emerging as a key enabler — bringing decentralised finance (DeFi) and secure cross-chain transactions to the freelancers, creators, and small businesses who need them most, rather than to traders in faraway financial capitals.

By continuing to expand across Africa and enhancing its mobile and web platforms, moove.xyz aims to make global stablecoin payments as effortless as sending a message — supporting its long-term vision to onboard the next billion Web3 users and make cross-border money movement faster, cheaper, and accessible to everyone, everywhere.

About moove.xyz

moove.xyz is a global Web3 fintech platform built for the permissionless and effortless movement of value. We empower businesses and consumers anywhere to send, receive, stake, and swap any cryptocurrencies across any blockchains — all in one single platform.

We are one of the first Web3 fintech companies globally to innovate and build a full-stack crypto payments and decentralised finance infrastructure, enabling an integrated and comprehensive coverage across multi-chain wallet access, personalised wallet handles, cross-chain token swaps, embedded cross-chain transactions and a decentralised social financial network. Our key products include Moove Profile, Moove Send, Moove Receive, Moove Stake, Moove Swap, Moove Rewards, Moove Discover and more.

Our mission is simple — to create and distribute permissionless and effortless financial technology for the next 1 billion Web3 users. We fundamentally believe that the future of the movement of money and value shall be costless, borderless, permissionless, effortless, and built for everyone — and we’re building the ultimate Web3 fintech platform to make that future real.

Your money. Your move.

Website: https://moove.xyz

Media Contact

Organization: trustbanana

Contact Person: Sher

Website: https://trustbanana.com

Email: Send Email

Country:Hong Kong S.A.R.

Release id:45994

The post moove.xyz Expands Across Nigeria, Kenya and Greater African Region To Power Stablecoin Payments 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

Teslong Returns to the Track at Pocono Raceway for the June 13 O’Reilly Auto Parts Series

Published

10 hours ago

on

June 11, 2026

By

NASCAR-proven inspection and power tools head to “The Tricky Triangle” as Teslong continues its multi-race partnership with driver Patrick Emerling

 

Irvine, CA, United States, 11th Jun 2026 – Teslong, a leading innovator in professional inspection and diagnostic tools for the automotive and industrial sectors, today announced that it will be back trackside this weekend as an official sponsor of NASCAR driver Patrick Emerling at Pocono Raceway on June 13 for the O’Reilly Auto Parts Series (NOAPS). Known to fans as “The Tricky Triangle,” Pocono’s unique three-turn layout demands precision, durability, and flawless preparation—the very qualities that define every Teslong tool.

nascar-APP

The Pocono appearance continues the multi-race partnership that puts the Teslong brand front and center across the O’Reilly Auto Parts Series and the NASCAR Craftsman Truck Series, connecting the company with millions of motorsports fans and automotive professionals throughout the season.

Coming Off a Strong Run at Talladega

Teslong heads into the June 13 weekend with momentum. In April, the team enjoyed a strong showing at Talladega Superspeedway, where Emerling brought the RSS Racing entry home in one piece and in contention—a result the whole program was proud to be part of.

“It was a solid run for us at Talladega—we made it to the end in one piece and in contention,” said Patrick Emerling. “Thanks to everyone who keeps the train rolling for us. My team has been running Teslong’s borescopes and thermal cameras all season, and we’ve been really impressed. We’re excited to keep that going at Pocono and to keep showing fans what these tools can do.”

That confidence is no accident. Throughout the campaign, Teslong’s gear has played a behind-the-scenes role in keeping Emerling’s car race-ready—proof that the same precision Teslong brings to professional shops translates directly to the demands of the racetrack.

The Tools Powering Performance—Now NASCAR-Backed

Two Teslong products have been central to the team’s preparation and stability on track, and both are now backed by their performance in one of the toughest proving grounds in motorsports:

  • TD-500 Automotive Inspection Endoscope (Borescope): A high-resolution diagnostic camera that lets technicians see inside engines, cylinders, and hard-to-reach components without disassembly—catching issues early and keeping the car dependable lap after lap.
  • 22mm Dual-Cylinder Automotive Tire Inflator: A flagship power tool delivering true dual-cylinder airflow for fast, accurate inflation, with a removable 20V battery system and Type-C fast charging—built for quick, reliable service whether in the garage or on the road.

Both tools earned their stripes supporting Emerling’s consistent on-track performance this season, and both are engineered to the same exacting standards trusted by HVAC specialists, construction crews, automotive technicians, gunsmiths, and law enforcement professionals worldwide.

35% Off the NASCAR-Proven Lineup

To celebrate the Pocono weekend, fans and professionals can bring the same NASCAR-backed performance into their own garage. The TD-500 inspection endoscope, the 22mm Dual-Cylinder Tire Inflator, and other featured products are available now at 35% OFF on the Teslong official website and on Amazon. These are the very products that have helped power stable, dependable performance throughout Emerling’s season—now within reach for everyone from working technicians to weekend DIYers.

A Legacy of Innovation Meets Motorsports Excellence

For over 15 years, Teslong has been trusted by professionals worldwide to solve complex problems with innovative, high-quality tools—from industrial endoscopes and otoscopes to advanced thermal imaging cameras and rifle borescopes. Backed by a global R&D team of more than 40 engineers, designers, and developers and state-of-the-art assembly lines, every Teslong product is built to deliver accuracy, durability, and performance in the most demanding environments.

“NASCAR is more than a race—it’s a community of automotive enthusiasts who value quality, innovation, and hard work,” said James Sun, CEO of Teslong. “Pocono is another great stage to show what our tools can do. Whether it’s keeping a race car dependable or helping a technician get the job done right, Teslong is built to perform when it matters most.”

About Teslong

Teslong is a global leader in the design, manufacturing, and distribution of high-precision inspection and diagnostic tools. Since 2010, the company’s portfolio has included industrial endoscopes, otoscopes, thermal imaging cameras, borescopes, and innovative power tools such as the 22mm Dual-Cylinder Tire Inflator. With a global R&D team and state-of-the-art production facilities, Teslong serves professionals across the automotive, HVAC, construction, law enforcement, and outdoor recreation industries—delivering reliable, innovative solutions trusted by experts worldwide.

For more information, check out our Amazon shop: https://cutt.ly/4tJp8JCZ or visit: https://cutt.ly/MtJp5gzj

Media Contact

Organization: Teslong

Contact Person: Tina Hou

Website: https://teslong.com

Email: Send Email

City: Irvine

State: CA

Country:United States

Release id:45977

The post Teslong Returns to the Track at Pocono Raceway for the June 13 O’Reilly Auto Parts Series 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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