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

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3 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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Leading Manufacturer of Swimming Pool Equipment, PoolKing, Makes a Splash at Canton Fair 2024

Published

3 hours ago

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April 25, 2024

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  • Leading manufacturer of swimming pool equipment will be exhibiting at Canton Fair between 23rd – 27th April 2024 in booth 11.2M23 and 9.1K06.
  • PoolKing will be proudly unveiling a new series of products at the exhibition

poolking exhibition

China, 25th Apr 2024, King NewsWire  – Pool King, China’s leading supplier and manufacturer of swimming pool equipment, today announces that it will be exhibiting at the upcoming Canton Fair, the largest trade fair in China, taking place in Guangzhou. 

From Tuesday 23rd April – Saturday 27th April Pool King will be presenting its most advanced swimming pool equipment technology at booth 11.2M23 and 9.1K06. During the fair, PoolKing will also proudly be unveiling a new series of products. Customers visiting the booth will have the opportunity to explore the new range of high-quality products, including swimming pool filters, pumps, lights and fittings, all renowned for superior performance, reliability and durability. 

Since 2005, PoolKing has prided itself on being a customer-centric and quality first business and has since grown to be the leading manufacturer of swimming pool equipment in China. With active customers in over 40 countries worldwide, PoolKing is a one-stop solution for all swimming pool equipment needs. PoolKing aims to take the worry out of pool ownership by developing products that are efficient, require little maintenance, and add value to your investment.

Examples of the latest technologies that PoolKing will be presenting at the fair include PoolKing’s fiberglass sand filter which uses cutting edge vacuum technology to prolong product life and reduce maintenance costs. 

Whilst at the booth, industry professionals and buyers will be able to speak to PoolKing product experts about their swimming pool equipment needs and see demonstrations of PoolKing products. 

In addition to showcasing its product lineup, PoolKing will also be offering insights into emerging trends and technologies shaping the swimming pool industry. Visitors can engage with PoolKing’s knowledgeable team members to learn about the latest advancements and best practices in pool maintenance, water treatment, and sustainability.

Representing one of the grandest events on the global trade calendar, Canton Fair is China’s oldest and largest trade fair, attracting buyers from all over the world. It is an optimal platform for PoolKing to showcase its products and expertise on a global stage, and the team look forward to strengthening existing partnerships, forging new connections, and exploring opportunities for growth and expansion in global markets.

poolking

Sandy, Pool King’s foreign trade manager, said: “We are delighted to be exhibiting at the Canton Spring Fair once again. It is an honour to be attending such a prestigious event, and we look forward to showcasing PoolKing’s latest series of products and connecting with new and old industry stakeholder contacts. 

Canton Fair is a premier platform for international trade and collaboration, offering us a valuable opportunity to engage with visitors from all over the world and demonstrate the quality and versatility of PoolKing products”.

Notes to editors

For more information, or to speak to a spokesperson, please get in touch using the following contact details:

Website: https://www.poolking.co/

Contact: Sandy

Telephone: +86-13922334815

Email: [email protected]

About PoolKing 

POOLKING is one of the largest professional manufacturers of water filtration equipment in China. It has a professional and intelligent production base of 60,000 square meters located in Guangzhou and Taishan.

Since 2005, PoolKing has been manufacturing advanced technology filtration equipment worldwide, helping clients enjoy the fun of swimming pools. With quality at the heart of everything, PoolKing manufactures equipment for swimming pools, spas, aquatic centers, water parks, aquaculture, public aquariums, water features and water treatment projects .

Poolking embraces “quality comes from technology” as the basic concept of business management, insisting on continuous innovation, and placing customer needs at the core of the company’s operation. PoolKing is dedicated to realizing its commitment to customers with accurate data design, strict quality control and fast after-sales service. 

Poolking’s products quality enjoys a worldwide reputation for providing a clean and high-quality water environment for a large number of famous projects at home and abroad.

Media Contact

Organization: PoolKing

Contact Person: Sandy

Website: https://www.poolking.co/

Email: Send Email

Country: China

Release Id: 25042411400

The post Leading Manufacturer of Swimming Pool Equipment, PoolKing, Makes a Splash at Canton Fair 2024 appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

Golden Horizon Advisors LLC: Empowering Investments, Streamlining Business

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3 hours ago

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April 25, 2024

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United States, 25th Apr 2024, King NewsWire – Golden Horizon Advisors LLC, a leading consulting firm, announces its commitment to empowering investments and streamlining business operations through a unique blend of advertising and technical solutions. The firm specializes in fundamental and technical analysis for financial and business sectors, providing comprehensive services to a wide range of clients, from stock market enthusiasts to cryptocurrency investors.

Owned by John Sbicca, Golden Horizon Advisors LLC is dedicated to offering advanced consulting services designed to help clients navigate the complexities of the financial world and optimize their business strategies. The firm’s expert team is equipped to assist with stocks, commodities, cryptocurrencies, and other investment instruments, ensuring clients are well-informed and strategically positioned.

Beyond investment advice, Golden Horizon Advisors LLC offers a suite of business consulting services, focusing on automation, technical solutions, and operational efficiency. The firm aims to bridge the gap between complex technology and everyday business needs, helping clients streamline their operations and achieve long-term success.

“We believe in providing our clients with the tools and knowledge they need to succeed in today’s fast-paced financial and business landscapes,” said John Sbicca, owner of Golden Horizon Advisors LLC. “Our comprehensive approach ensures that we can meet the diverse needs of our clients, whether they’re seasoned investors or entrepreneurs looking to build successful businesses.”

Golden Horizon Advisors LLC is dedicated to delivering results-driven solutions that empower clients to make informed decisions and grow their ventures. With a focus on innovation and customer satisfaction, the firm continues to set new standards in the consulting industry.

For more information about Golden Horizon Advisors LLC and its services, please visit https://goldenhorizonadvisors.com or contact (800) 287-3751.

About Golden Horizon Advisors LLC:
Golden Horizon Advisors LLC is a comprehensive consulting firm specializing in advertising and technical solutions for the financial and business sectors. The company offers a unique blend of expertise in fundamental and technical analysis for stocks, commodities, and cryptocurrencies, as well as business consulting for automation and technology solutions. Owned by John Sbicca, the firm is committed to empowering investments and streamlining business operations.

Contact: Media Department
Phone: (800) 287-3751
Email: [email protected]
Website: https://goldenhorizonadvisors.com 

Media Contact

Organization: Golden Horizon Advisors LLC

Contact Person: Media Department

Website: https://goldenhorizonadvisors.com

Email: Send Email

Address: Golden Horizon Advisors LLC 4300 Ridgecrest Dr SE Suite L #917 Rio Rancho, NM 87124

Country: United States

Release Id: 25042411402

The post Golden Horizon Advisors LLC: Empowering Investments, Streamlining Business appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Local Ohio Travel Agency, Chima Travel, Announces Record Growth Years After The Covid Pandemic

Published

3 hours ago

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April 25, 2024

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Chima Travel, a prominent Ohio travel agency founded in 1918, recently celebrated its significant team expansion and a century of service. The agency has doubled its leisure team after experiencing remarkable growth post-COVID. They have expanded their outreach beyond Columbus and Cincinnati, aiming to serve travelers nationwide. Additionally, Chima Travel launched a podcast during the pandemic to continue aiding travelers. The agency, having endured historical crises like the Great Depression and 9/11, continues to customize stress-free travel experiences for its clients.

Fairlawn, Ohio, United States, 25th Apr 2024 – Chima Travel, Ohio’s leading travel agency, today announced the celebration of its expansion.

Since its founding in 1918, Chima Travel has been helping would-be travelers plan their trips across the planet. Throughout the Company’s history, it has been the undisputed leader of travel in the region. Chima Travel is thrilled to announce a significant expansion of their leisure team, doubling in size following a period of remarkable growth. This resurgence comes after the challenges posed by the COVID pandemic, marking a new era of prosperity and opportunity for the agency. Recently, they’ve announced a renewed goal of helping travelers across the Columbus and Cincinnati areas, with a further goal of helping travelers across the United States. 

During the COVID pandemic, Chima Travel continued their goal of helping travelers plan their trips with the launch of their brand new podcast, “The Travel Agents”.

Brian Chima, CEO of Chima Travel, said: “Chima Travel’s 100 year history is one of consistent care for our clients and determination to be a staple in our community. Our latest expansion allows us to serve the community better, and make those travel dreams come true. We expect the team to continue to grow, and look forward to serving the greater Ohio region for years to come. Today, we are one of Ohio’s fastest growing independent travel agencies, and hope to attract clients from all over the United States.”

Looking to Travel in 2024 & 2025?

Chima Travel has been helping clients plan their dream vacations since 1918. Over the company’s 100 years of business, they’ve had to endure the Great Depression, 9/11 and the Covid Pandemic. All of which have seen many travel agencies close their doors. At Chima Travel, the travel agency prioritizes the customer’s vision for their trip, carefully curating an experience that fits the traveler’s goals. Whether it be cruises, all inclusive vacations, flights, or touring, Chima Travel is where travelers go to remove the stress of planning their vacations. 

Media Contact

Organization: Chima Travel

Contact Person: William Lee

Website: https://chima.travel/

Email: Send Email

Contact Number: +13308674770

Address: 55 Merz Blvd

City: Fairlawn

State: Ohio

Country: United States

Release Id: 25042411412

The post Local Ohio Travel Agency, Chima Travel, Announces Record Growth Years After The Covid Pandemic appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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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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