CoinFLEX Restructuring Proposal and Next Steps

Dear CoinFLEX Community, We have been eager to release a detailed update for a while. We have heard your concerns and frustrations, and thank you for your continued patience. As mentioned and hinted at in many of the Telegram community conversations, we have not been able to comment publicly due…

Demystifying Impermanent Loss

The phrase “impermanent loss” is on people’s radar in the crypto space, but to those new to DeFi when they think of impermanent loss the magical sudden loss of value to their coin comes to mind. Is it a scam? Why am I losing coins instead of gaining when the…

How To Secure Your Metamask Account

The following are security recommendations to secure your Metamask account using both the Metamask browser extension and Metamask mobile app. General best practice for security of your Metamask wallet Never use the wallet on a shared computer Use desktop rather than mobile wallet. It’s much easier to access/steal or compromise…

Risk Management Strategies

Now that bitcoin is more recognized by the general public it makes sense to learn things like security and best practices. Risk management is slightly different with this new form of digital money. A bank account has its perils of skimming and other dangers. Bitcoin also has its own class…

Trap of the funding rates: Perpetual Swaps v.s. Futures

With the rapid development of the digital asset industry in recent years, the corresponding derivatives market has become more prosperous. Various derivatives exchanges are also beginning to offer a wider variety of products. BitMEX launched the Bitcoin perpetual futures contract in May 2016. Other industry organizations have also followed suit.…

Using FLEX to pay fees – detailed mechanism

In short: Fees are taken as previously, in USDT (spot and future settlement USDT) during trade Every 24 hours, the USDT fees are refunded back, and FLEX taken from user’s spot accounts, equivalent to half the USDT amount refunded If there is insufficient FLEX, the swap doesn’t take place. So…

Traditional Futures vs Crypto Futures Exchanges

Traditional futures enable great things. For example, buying 40 times the amount of Gold as you have dollars to support or hedging interest rates all the way out to 5 years in the future. However, they are by no means perfect and are a slow moving industry heavily tied to…