In the face of the highly volatile crypto asset market, CoinW, the worlds leading cryptocurrency trading platform, has officially launched the Contract Margin Plan . The plan has set up a monthly margin pool of up to 500,000 USDT to provide additional risk mitigation and subsidy guarantees for contract trading users.
The plan was launched at a time of drastic market fluctuations. In just 24 hours, more than $730 million in leveraged positions were liquidated worldwide, causing many investors to face serious losses. CoinW hopes that this plan will help users rebuild their trading confidence and enhance their sense of trading security in an uncertain market environment, while lowering the entry threshold for novice contract users and promoting the healthy development of the industry.
Responding to market fluctuations and creating a transaction bottom line protection mechanism
There have been frequent liquidation incidents recently, and instant zeroing is the biggest pain point for contract trading users. CoinW has created the industrys first trading bottom line protection mechanism to address this risk, especially providing substantial financial protection for novice and conservative users. The person in charge of the CoinW contract protection plan said: We have continuously observed that under severe fluctuations, many users reasonable strategies are still forced to close positions due to market fluctuations, which has greatly hit their confidence. This plan aims to provide users with a second line of defense - when the market trend is unfavorable, they can also get a real guarantee and support.
Unlike traditional insurance mechanisms, the CoinW contract protection plan is driven by user behavior: through daily contract transactions and friend invitations, users can accumulate exclusive protection quotas, with a maximum of 500 USDT quota subsidies per round. If the protection conditions are triggered, the system will automatically apply for and issue subsidies of equal value based on the users accumulated quota. Users can enjoy the service of funds arriving in seconds without submitting additional materials.
It is not only a benefit, but also a return of trading confidence.
CoinW launched the contract margin plan, which is not only an innovation in product functions, but also represents a systematic innovation in the platforms risk control concept and user protection mechanism. This plan is not a short-term operation strategy, but is based on the users complete transaction cycle security experience, aiming to build a long-term sustainable protection system for contract users.
On the basis of liquidation subsidies, the plan further strengthened user confidence and activity, mainly reflected in four highlights:
Substantially reduce risk losses: You can apply for a maximum subsidy of 500 USDT per round, effectively alleviating the impact of sudden market fluctuations.
Optimize the trading experience for novice traders: provide a risk buffer mechanism to help users establish trading strategies more robustly.
Encourage community co-construction: The invitation mechanism promotes users to participate in ecological construction, and the inviter can increase the guarantee amount.
Extremely simplified participation threshold: no additional payment is required, no transaction volume threshold is set, and users are guaranteed qualification upon registration.
In short, when a users position is liquidated, he only needs to complete the registration of the contract margin plan to receive the corresponding amount of subsidy, which can be used to deduct the margin, handling fees or part of the loss amount. Through daily transactions and inviting friends, users can also continuously increase their personal insurance amount and enjoy a wider range of insurance coverage.
In addition, the CoinW security fund pool implements a monthly rotation mechanism, which distributes subsidies in fixed amounts every month to ensure the sustainability and fairness of the security plan. Users can check the remaining amount and personal progress on the platform at any time. When the current fund pool is full, new users will be suspended until it is reopened in the next cycle.
How to participate in the protection plan?
Users can enter the [Contract Protection Plan] page on the CoinW official website or APP. Clicking Register will be deemed as joining the current cycle. The system will automatically accumulate the protection amount based on transactions and invitations.
If your account is liquidated, you can apply for the security deposit with one click on the [Rewards to be Received] page without any additional application process.
Page path:
Web version: Top navigation bar → More → Contract Protection Plan
APP: Homepage → All functions → Contract protection plan
