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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

LINK FOREX Launches the “Smart Financial Ecosystem Trilogy” Strategy and Redefines Retail Investment

Published

11 hours ago

on

November 13, 2025

By

London, United Kingdom – After successfully entering the Latin American market, global intelligent fintech platform LINK FOREX today announced its forward-looking strategy titled the “Smart Financial Ecosystem Trilogy.”

This initiative marks LINK FOREX’s evolution from a simple stock copy-trading platform into a comprehensive financial ecosystem that merges artificial intelligence, blockchain technology, and community intelligence, aiming to fundamentally enhance the capabilities and profitability of retail investors.

LINK FOREX’s Vision for the Future

Phase 1: AI Empowerment (2027–2028)

Launch of “LINK AI Advisor”: Development of a machine learning–based algorithmic system that generates personalized portfolio recommendations for each user. This will transform the platform into a stronger, more diverse ecosystem—moving beyond copy trading toward fully customized asset allocation for every individual.

Sentiment Analysis Tool: By integrating global news and social media data, LINK FOREX will introduce a real-time Market Sentiment Index, helping users avoid risks caused by irrational volatility.

Phase 2: Ecosystem Building (2027–2029)

Launch of “Strategy Workshop”: LINK FOREX will provide an open platform where certified traders can share their insights and market strategies. Users will be able to subscribe freely to this knowledge, creating a virtuous cycle of information exchange and knowledge monetization.

Global Expansion and Regulatory Compliance: In addition to existing supervision by the UK Financial Conduct Authority (FCA), the company plans to obtain top-tier licenses from the Monetary Authority of Singapore (MAS) and the Abu Dhabi Global Market (ADGM), ensuring globally reliable and regulated financial services.

Expansion into Global Stock Markets: LINK FOREX aims to replicate its operational success in the U.S. market across China and Europe, offering users greater diversity in investment opportunities.

Phase 3: Value Connection (From 2028 Onward)

Exploration of DeFi Integration: The company will explore combining traditional copy trading with decentralized finance (DeFi) services, opening new sources of yield for users.

Creation of the “LINK Financial Think Tank”: LINK FOREX will collaborate with leading global universities to transform cutting-edge financial research into practical tools and educational content for everyday investors.

Management Commentary: David Whitcombe, Chief Analyst at LINK FOREX, stated: “Our ultimate goal is to make copy trading just a starting point—not the final destination. We are building a smart financial ecosystem that can learn, evolve, and grow alongside our users.”

Media Contact

LINK FOREX LTD: stock@link-forex.com

FOREX FUSION LTD: trading@forex-fusion.com

Contact: David Whitcombe

Company Name: LINK FOREX LTD

Website: https://www.link-forex.com/

Email: stock@link-forex.com

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Investing involves risk, including the potential loss of capital. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.

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Press Release

RedwoodX Strengthens Global Brand with Compliance-First Strategy and Institutional-Grade Operations

Published

12 hours ago

on

November 13, 2025

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RedwoodX launches a new global brand strategy focused on regulatory compliance and institutional-grade infrastructure, backed by U.S. licensing and pending EU expansion.

United States, 13th Nov 2025 – RedwoodX has unveiled its latest brand positioning strategy, placing regulatory compliance and institutional infrastructure at the core of its global identity. Backed by licensing from the U.S. Financial Crimes Enforcement Network (FinCEN) and registration with the Securities and Exchange Commission (SEC), and currently awaiting approval for a senior license in Poland, RedwoodX is positioning itself as one of the most trusted and transparent digital asset platforms for both retail and institutional participants.

Reinforcing Trust Through Global Regulatory Commitment

Today, RedwoodX announced that it is reinforcing its global brand through an intensified focus on compliance, transparency, and operational integrity. As digital asset regulations continue to evolve worldwide, the company’s mission extends beyond technical innovation — it aims to be a legally sound and globally trusted financial infrastructure provider.

A Multi-Licensing Strategy for Multi-Market Readiness

One of RedwoodX’s key advantages lies in its multi-license compliance strategy. The platform is already registered as a Money Services Business (MSB) under FinCEN, and is SEC-registered for relevant activities in the United States — one of the world’s most stringent regulatory environments.

In Europe, the company’s application for a securities trading license in Poland is currently under review, and full approval is expected by the end of 2025. This will grant RedwoodX structured access to the EU digital asset market under local and pan-European frameworks, including MiCA.

Executive Leadership on the Strategic Vision

Elliot Granger, Managing Director at RedwoodX, commented:

“Trust is the new currency of fintech. Our mission is not just to deliver advanced digital trading tools, but to operate clearly within defined legal frameworks — giving our users and partners full confidence in how we function.”

Compliance as a Brand Standard

Jennifer H., Head of Market Development at RedwoodX, added:

“We’ve seen how reputational risk can erode entire sectors. Our platform was built from day one on legal and ethical foundations — that’s why our brand aligns so naturally with what regulators and responsible market participants expect.”

Institutional-Grade Operations by Design

RedwoodX’s institutional infrastructure includes:

  •  Full segregation of client assets
  • Automated AML/KYC systems
  •  End-to-end audit traceability
  •  AI-powered risk monitoring modules

Combined with a globally distributed infrastructure and localized regulatory expertise, RedwoodX is uniquely positioned to deliver reliable, compliant digital asset services in both mature and emerging markets.

About RedwoodX

RedwoodX is a global digital asset platform committed to building regulated, innovative, and secure financial infrastructure. The company is licensed in the United States and actively expanding its compliance framework across the European Union and Asia, providing high-performance solutions to both retail and institutional investors.

Media Contact

Organization: RedwoodX Exchange

Contact Person: Michael Harrington

Website: https://redwoodxcoin.com/

Email: Send Email

Country:United States

Release id:37005

Disclaimer: This press release is for informational purposes only and does not constitute financial, investment, or legal advice. Readers should not rely solely on this information for decision-making. The inclusion of a business on MSB Registrant Search Web page is not a recommendation, certification of legitimacy, or endorsement of the business by any government agency.

The post RedwoodX Strengthens Global Brand with Compliance-First Strategy and Institutional-Grade 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

Cactus Custody Reaches SOC 1 Type 2 Audit Completion – Setting a Higher Benchmark for Institutional Security

Published

13 hours ago

on

November 13, 2025

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Hong Kong S.A.R., 13th Nov 2025 – Cactus Custody,  Matrixport’s digital asset custodian safeguarding multi-billion US dollars worth of digital assets, today announced the successful completion of its SOC 1 Type 2 audit examination. The completion of this independent examination demonstrates that Cactus Custody has established an industry-leading operational control system and core capabilities in the institutional-grade crypto custody sector.

One of the global Big Four accounting firms conducted the independent audit , which included a comprehensive review of Cactus Custody’s processes. The audit covered areas such as client account onboarding, digital asset custody‌, and internal system operations. It also reviewed the company’s financial processing capabilities, such as settlement, reconciliation, account management, fee processing, asset valuation, reporting, and the secure management of cryptographic keys throughout their lifecycle across different custody storage methods.

SOC (Service Organization Control) reports are internationally recognized frameworks for assessing compliance and risk control, developed by the American Institute of Certified Public Accountants (AICPA). The SOC 1 Type 2 audit evaluates the design and operational effectiveness of a service organization’s internal controls related to financial reporting, typically assessed over a review period of 6 to 12 months. The successful completion of the SOC 1 Type 2 examination demonstrates that Cactus Custody upholds strong internal controls, operational processes, and asset protection mechanisms aligned with leading international practices.

Wendy Jiang, General Manager of Cactus Custody, stated: “For institutional clients, choosing a custodian requires trust not only in technical strength but also in process controllability and risk visibility. The SOC 1 Type 2 audit report confirms that our key control points—such as asset segregation, approval workflows, and access management—have been independently examined by a Big Four accounting firm. Our operational stability, access control, transaction approval, and financial reporting integrity adhere to globally recognized audit and control principles. Institutional clients may reference Cactus Custody’s audit results to support their own due diligence or vendor risk assessments. Moving forward, Cactus Custody will continue to strengthen its security and compliance audits and transparency initiatives, striving to build the world’s most trusted digital asset custody brand.”

In February 2025. Cactus Custody completed the SOC 1 Type 1 examination. The addition of the SOC 1 Type 2 audit examination marks another milestone, providing independent validation of its robust operational control capabilities. Cactus Custody will continue to deepen its presence in the crypto asset custody space, with its mission to raise industry custody standards, actively promote the development of a compliant and transparent ecosystem, and provide clients with robust and reliable custody services, supported by industry-leading comprehensive security measures.

About Cactus Custody

Cactus Custody, a Matrixport Group subsidiary with global regulatory credentials, offers digital asset custody, DeFi access, and OES/OTC settlement services to over 300 institutions worldwide, managing assets in the multi-billion-dollar range. It is operated by Matrix Trust Company Limited, which is licensed under the Hong Kong TCSP regime.

Using a cold-hot layered security architecture with institutional-grade HSM encryption and strict compliance controls, our custody solution is designed to safeguard digital assets with resilience and trust. Driven by innovation, we empower institutions to manage their digital assets with confidence.

Learn more: www.mycactus.com

Media Contact

Organization: Matrixport

Contact Person: Ivy Chen

Website: https://www.matrixport.com

Email: Send Email

Country:Hong Kong S.A.R.

Release id:37014

The post Cactus Custody Reaches SOC 1 Type 2 Audit Completion – Setting a Higher Benchmark for Institutional Security 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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