Websea lowers Futures Insurance β pool threshold and revises claim cycles

Websea lowers Futures Insurance β pool threshold and revises claim cycles
Websea updates copy trading insurance

Websea announced updates to its Principal-Protected Copy Trading and Futures Insurance rules, including lowering the β pool claim threshold from 16,384 to 8,192 USDT and adjusting the maximum number of claim rounds from 15 to 14 to accelerate claim cycles.

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Websea has implemented modifications to its Principal-Protected Copy Trading and Futures Insurance offerings. Specifically, the β pool claim threshold for Futures Insurance has been lowered from 16,384 to 8,192 USDT, and the maximum number of claim rounds has been adjusted from 15 to 14, resulting in faster claim cycles. No additional details about the updates were disclosed in the broker’s post.

Websea is a cryptocurrency exchange that launched in August 2023, offering trading in digital assets through spot and futures markets with leverage up to 100x. The platform features tools such as Launchpool, Launchpad, copy trading, P2P trading, and options for staking, while supporting security measures like two-factor authentication. For more detailed insights, see the broker profile on Traders Union.

For more background, see the previous Websea update on Traders Union, which covered the upcoming spot listing of $HOODON and other platform developments. Stay informed on Websea’s latest activities by reading the earlier news about Websea.

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