Websea highlights Futures Insurance airdrop payouts for losing trades

Websea highlights Futures Insurance airdrop payouts for losing trades
Websea launches futures insurance feature

Websea highlighted its Futures Insurance feature, which allows users to receive airdrop payouts on losing trades by activating an insurance account and meeting certain requirements for participation.

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Websea has detailed the operation of its Futures Insurance feature, which requires users to activate an insurance account by depositing at least 10 USDT and enabling an insurance switch. For every 100 USDT of realized trading losses, a premium of 10 USDT is deducted to generate one 'insurance node.' These nodes become active after 72 hours, at which point they are eligible for airdrop payouts that must be claimed manually. Payouts are funded from an insurance pool, and each node can qualify for up to 100 airdrop rounds, depending on the pool’s status and participation scope.

How to participate

To benefit from Websea's Futures Insurance airdrop system, users must transfer at least 10 USDT into a dedicated insurance account and enable the insurance feature. For every 100 USDT in realized trading losses, a premium is deducted to generate an 'insurance node,' which becomes active after 72 hours. Once nodes are active, users can qualify for periodic airdrop payouts from the insurance fund pool and must manually claim their rewards. To get started, users can register with Websea via the official sign-up link.

Websea is a cryptocurrency exchange launched in August 2023, designed for a global audience including young investors, crypto enthusiasts, and experienced traders. The platform offers spot trading, futures trading with leverage up to 100x, Launchpool, Launchpad, copy trading, P2P trading, and staking options. For more details about Websea’s features and conditions, see the broker profile on Traders Union.

For more background, see the previous Websea update on Traders Union, which reported on the broker's summary of the top five futures contracts by 24-hour gains, featuring ESP, 4, PUMP, MET, and IRYS as standout performers. Read the previous Websea update on Traders Union.

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