Dear Nami Community,
To optimize the user experience of buying and tracking insurance contracts on the Nami Exchange, Nami Insurance officially launches the Quick Insurance Contract Opening feature on Futures positions from 2024-07-15 03:00 (UTC), as follows:
In this updates, Nami Exchange will provide the feature to open insurance contracts directly on the Nami Futures and NAO Futures trading interface. The system will automatically suggest a suitable insurance contract for the opening Futures position to protect maximum of the expected loss when the market price hits the stop-loss or liquidation price.
How to quickly Open Insurance Contract on Futures Positions
Notes:
Positions will be suggested insurance contract when meeting the following conditions:
In case of unsuccessful purchase confirmation, users can check one of the following reasons:
How to track opened Insurance contract on each position
Notes:
A Futures position can be covered by multiple different insurance contracts.
The system will list all contracts that have been and are being opened for each position, including the following statuses:
Images are for illustration purposes only and may not represent the latest product interface.
More information:
Note: Nami reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Nami is not liable for any losses that might arise from your investment. This information should not be regarded as financial or investment advice.
About Nami Exchange
Nami Exchange is a trading platform belonging to the Nami Foundation ecosystem that enables dynamic trading and effective investing through its Spot and Futures trading systems, which offer a wide selection of nearly 1000+ trading pairs, support leverage up to x125, and 24/7 live support in Vietnamese & English.
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Website: https://nami.exchange/
Download Nami Exchange app here.
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About Nami Insurance
Nami Insurance is a decentralized hedging protocol applying Blockchain technology to provide a solution to support asset insurance when the market fluctuates against predictions.