Crypto Insurance Fund: Securing Liquidations & Mitigating Risks | Coinflare
Introducing Coinflare, formerly BITFLEX – a bold new identity for a brighter trading experience!
Insurance HistoryThe exchange uses the insurance fund to enesure the completion of the liquidation ordrs. When the position loss is greater than the position margin, the insurance fund will kick in and cover the loss. The growth of the insurance fund comes from liquidation orders with a price advantage over the bankurpcy price. Below are the insurance fund''s current and history records.
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