How does Wisebitcoin protect our Cryptos?

Now, major financial institutions believe that digital currency will have an impact on the market. A report by Deutsche Bank called “Imagine 2030” believes that digital currency will no longer be regarded as an informal asset, but will replace the existing monetary system. The advantages of digital currency including speed, security, lower transaction fees, storage convenience, and relevance in the digital age will be affirmed. It is estimated that by 2030, the number of digital currency wallet users will exceed 200 million, and by 2035 it will reach nearly 350 million.

With the influx of new users, the main advantage of digital currency is that the problem of insufficient trust can be improved through smart contracts, fraud detection and claims processing can be carried out. The leverage and unique features provided by Wisebitcoin can bring convenience to professional traders in the highly volatile digital currency market.

When participating in USDT contract transactions, traders can use the insurance fund provided on Wisebitcoin. This function is to prevent investors’ positions from being automatically reduced. When you use this function, you can prevent the impact of the automatic lighting mechanism. The amount of the insurance fund is determined by the automatic liquidation price in the market. When the position loss is greater than the position margin, the insurance fund can automatically reduce the loss to prevent the position from being liquidated.

The reason the insurance fund can do this is that it can keep the funds until the position is successfully closed. In case the closing price is better than the closing price of a specific position, the proceeds will be used by Liu Xiang Insurance Fund.

It is also interesting that this feature can always be viewed. Anyone can view the history on the website.

Digital currency transactions require the use of experience tools, technologies, and even some experience concepts. In an unstable market unique to digital currencies, traders need this kind of contractual insurance to reduce the impact of large-scale price changes. Insurance funds can reduce the problem of automatic leverage position reduction, and can also buy time to deal with such changes.

The reason why Wisebitcoin became the leading digital currency exchange is precise because of these powerful functions. After connecting to the upper level in the cloud, the exchange has also developed an important system. These include providing leverage and contract transactions up to 100 times, as well as diversified functions such as insurance funds. These are the biggest differences between Wisebitcoin and other digital currency exchanges in the market.

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