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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

Valetax Enhances Leadership Team with Appointment of John Taylor as CCO

Published

15 hours ago

on

May 6, 2026

By

Singapore, 6th May 2026, ZEX PR WIRE — Valetax has appointed John Taylor as Chief Commercial Officer (CCO), a move aimed at reinforcing its global commercial framework and supporting the company’s next stage of expansion.

John brings over 25 years of experience in global financial markets, with a background spanning senior leadership roles across Tier 1 investment banks and leading CFD brokerages. He has held board level positions including CEO, COO, CIO, and CFO, providing him with a well-rounded perspective on both strategic direction and operational execution.

Over the course of his career, John has worked across more than 20 countries and has been involved in growth initiatives across regions including MENA, South Africa, Brazil, India, Europe, and Southeast Asia. His experience includes business expansion, cross-border integration, and the development of operations in high growth markets, as well as involvement in mergers and acquisitions and post-acquisition integration.

In his new role, John will be responsible for leading Valetax’s global commercial strategy, with a focus on strengthening market structure, developing partnership networks, and aligning commercial initiatives with product and client experience priorities.

Viktor, CEO of Valetax, commented:
 “Bringing John into the business reflects our continued focus on building a strong and disciplined commercial organisation. His experience across international markets and leadership roles will support our efforts to scale effectively while maintaining a clear strategic direction.”

John Taylor said:
 “Valetax has established a solid platform, with a clear focus on technology, product, and client experience. There is a strong opportunity to further develop its commercial structure and expand its reach across key markets. I look forward to working with the team as the company continues to grow.”

The appointment underscores Valetax’s commitment to strengthening its leadership team as it continues to expand globally and enhance its offering as a technology focused brokerage.

About Valetax

Valetax is a global multi asset brokerage delivering a technology driven trading experience. The company offers advanced infrastructure, competitive conditions, and scalable solutions for traders and partners, with a focus on transparency, performance, and innovation.

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Cloud PR Wire

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Press Release

Creeper Defeater Announces Skeeter Weeper 2.0, the Next Generation Smart Mosquito Fogging and Misting System

Published

16 hours ago

on

May 6, 2026

By

The new upgraded system delivers smarter app controls, expanded coverage, faster setup, and a more advanced plant powered formula designed to help families reclaim outdoor living.

United States, 6th May 2026 – CREEPER DEFEATER today announced the launch of Skeeter Weeper 2.0, the latest evolution of its smart mosquito fogging and misting system engineered to help homeowners defend outdoor spaces against mosquitoes and other pests without relying on harsh chemical pesticides. Building on the success of the original Skeeter Weeper system, the new 2.0 model introduces expanded smart functionality, enhanced treatment performance, improved convenience, and a refined natural formula designed for modern outdoor living. 

Skeeter Weeper 2.0 was developed to give homeowners greater control over pest management while prioritizing safety for families, pets, pollinators, and outdoor environments. The upgraded system combines app controlled precision fogging with a proprietary plant powered concentrate formulated to repel and eliminate mosquitoes, flies, gnats, fleas, ticks, no see ums, mites, aphids, and additional outdoor pests. 

“Outdoor spaces should feel relaxing and enjoyable, not overrun by mosquitoes and chemical heavy solutions,” said a spokesperson for CREEPER DEFEATER. “Skeeter Weeper 2.0 represents a major leap forward in smart outdoor pest defense. We focused on making the system more powerful, easier to use, and more compatible with the way families want to live outdoors today.”

Among the most significant upgrades in Skeeter Weeper 2.0 is its enhanced smart control platform. Homeowners can activate treatments directly from their smartphones and customize misting durations from as little as 10 seconds up to two minutes depending on weather conditions, infestation levels, and pest activity. The system allows users to control treatments remotely, helping create a more flexible and responsive pest management experience. 

The new generation system also expands scalable yard protection. Each additional unit is capable of adding approximately 1,000 square feet of treatment coverage, allowing users to customize protection for patios, pools, gardens, fences, entertainment areas, and larger outdoor properties. 

Designed with simplicity in mind, Skeeter Weeper 2.0 installs in under 10 minutes directly out of the box, eliminating the need for complicated professional installation often associated with traditional mosquito misting systems. 

At the core of Skeeter Weeper 2.0 is CREEPER DEFEATER’s upgraded proprietary eight ingredient formula featuring Lemon Balm, Frankincense Resin, Cedarwood Oil, Soy Oil, Thyme Oil, Geraniol, Mild Soap, and naturally occurring Vitamin E. The company states the new, optimized formula is four times more concentrated than leading competitors while excluding common ingredients considered problematic for pets or pollinators, including vinegar, alcohol, garlic, peppermint oil, and citronella oil. 

The formula was specifically developed to align with EPA FIFRA 25(b) minimum risk pesticide standards and avoid synthetic neurotoxins commonly associated with conventional mosquito control systems. According to CREEPER DEFEATER, the system is designed to be pet safe, child conscious, garden friendly, and pollinator conscious when used as directed. 

Skeeter Weeper 2.0 also introduces improved treatment flexibility. Users can target mosquito activity during key peak periods such as dawn and dusk or activate treatments immediately before outdoor gatherings. The ultra fine mist is designed to settle and blanket the treatment zone within approximately five minutes, helping the formula reach hard to access areas including nooks, crannies, moisture collection points, dense landscaping, and other environments where mosquitoes and pests commonly breed and hide.

Regular treatment cycles are designed to help interrupt mosquito breeding and reduce pest populations over time while maintaining short term protection for up to six hours depending on environmental conditions. 

As part of the launch, every Skeeter Weeper 2.0 system includes a complimentary on body bug spray and a free bottle of repellent concentrate with a refill plan purchase.

The launch comes amid growing consumer demand for alternatives to harsh chemical pesticides.

Skeeter Weeper 2.0 is proudly assembled in Dallas, Texas and is now available through CREEPER DEFEATER.

For more information visit CREEPER DEFEATER online or email Hello@CreeperDefeater.com.

ABOUT CREEPER DEFEATER

CREEPER DEFEATER develops premium natural pest control solutions designed to help homeowners protect indoor and outdoor spaces using plant powered ingredients and smart application systems. The company focuses on creating products that balance effectiveness, convenience, and safety for people, pets, and pollinators. 

Media Contact:

CREEPER DEFEATER
Media Relations Department
Dallas, Texas
Website: Visit CREEPER DEFEATER

Media Contact

Organization: Creeper Defeater

Contact Person: Support team

Website: https://creeperdefeater.com/

Email: Send Email

Country:United States

Release id:44764

The post Creeper Defeater Announces Skeeter Weeper 2.0, the Next Generation Smart Mosquito Fogging and Misting System 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

Creeper Defeater Announces Critter Cannon 2.0, an Upgraded Liquid Repellant Dispenser for Targeted, Pet-friendly Pest Control

Published

16 hours ago

on

May 6, 2026

By

The new handheld shooter features improved water-resistant formula performance, precision application, and a flexible refill program designed to help homeowners manage pests more effectively.

United States, 6th May 2026 – CREEPER DEFEATER today announced the launch of Critter Cannon 2.0, an updated liquid pest control dispenser engineered to give homeowners a more controlled and efficient way to manage unwanted pests without relying on harsh chemical pesticides. Building on the original Critter Cannon, the new 2.0 model introduces improved outdoor durability, enhanced application control, and an optimized plant-based formula designed for real-world conditions.

Critter Cannon 2.0 was developed to provide a more precise and responsive pest control experience while maintaining a strong focus on safety for pets, families, and the surrounding environment. The system combines a rechargeable electric handheld sprayer with an upgraded liquid repellant solution designed to deter a wide range of common pests in targeted areas such as gardens, patios, fence lines, and property perimeters.

“Pest control should be effective without being excessive or complicated,” said a spokesperson for CREEPER DEFEATER. “Critter Cannon 2.0 gives users a simple, controlled way to apply treatment exactly where it’s needed, with a formula designed to perform outdoors while remaining considerate of pets and the environment. It’s also a whole lot of fun to use!”

The Critter Cannon 2.0 features a dual-capacity system, including a high-capacity drum and a smaller magazine, allowing users to adapt to different treatment sizes and scenarios. The device delivers consistent bursts of liquid repellant at the push of a button, offering more control and accuracy compared to traditional spray methods.

At the core of the system is the upgraded Critter Cannon Ammo, an enhanced version of CREEPER DEFEATER’s plant-based pest control formula. The new formulation is designed to be more water-resistant, helping maintain effectiveness in outdoor conditions while reducing the need for frequent reapplication.

The formula avoids synthetic pesticides as well as commonly used natural irritants such as vinegar, alcohol, and peppermint. Instead, it uses a blend of plant-based ingredients including lemon balm, frankincense resin, cedarwood oil, soy oil, thyme oil, and geraniol, a compound naturally found in rose oil. A mild soap aids in even dispersion, while vitamin E serves as the preservative.

According to CREEPER DEFEATER, the upgraded solution is designed to deliver strong repellant performance while remaining safe for use around dogs and cats when used as directed, and considerate of pollinators and outdoor environments. The higher concentration of active ingredients is intended to provide improved performance compared to many conventional products that rely on harsher or more irritating components.

To support consistent use, CREEPER DEFEATER offers a subscription refill program for Critter Cannon Ammo. This program allows customers to receive refills on a regular schedule, helping maintain treatment consistency without the need for manual reordering.

The Critter Cannon system is assembled in the United States, reflecting the company’s focus on quality control and responsible manufacturing.

CREEPER DEFEATER also continues to support a broader mission beyond pest control. Ten percent of company profits are dedicated to initiatives focused on combating online predators and supporting safer communities through prevention, education, and resources for individuals and families.

Critter Cannon 2.0 is now available through CREEPER DEFEATER.

For more information visit CREEPER DEFEATER online or email Hello@CreeperDefeater.com.

ABOUT CREEPER DEFEATER
CREEPER DEFEATER develops premium natural pest control solutions designed to help homeowners protect indoor and outdoor spaces using plant-based ingredients and smart application systems. The company focuses on creating products that balance effectiveness, convenience, and safety for people, pets, and pollinators.

Media Contact:

CREEPER DEFEATER
Media Relations Department
Dallas, Texas
Website: Visit CREEPER DEFEATER

Media Contact

Organization: Creeper Defeater

Contact Person: Support team

Website: https://creeperdefeater.com/

Email: Send Email

Country:United States

Release id:44765

The post Creeper Defeater Announces Critter Cannon 2.0, an Upgraded Liquid Repellant Dispenser for Targeted, Pet-friendly Pest Control 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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About Author

Cloud PR Wire

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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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