ZERONE's new product "black technology", an insurance contract

If you have seen Steve Jobs’s Apple conference, Rebus’s Xiaomi conference, or Shi Lao’s Chuizi mobile phone conference.

You definitely get the impression that when a feature is revealed, crazy fans will let out a chorus of "oohs" and then bursts of applause. However, this scene appears in the world of cryptocurrency, and the protagonist is the decentralized digital asset platform "black technology" - CONTRACT INS.

ZERONE LABS laboratory has released two new functions: two-way contract and contract insurance, as well as several small functions that can be called black technology.

Who is CONTRACT INS? Why has its press conference become a traffic center? What excites cryptocurrency players?

CONTRACT INS, a two-way contract insurance trading platform with "silky smooth" transactions.

People who are familiar with CONTRACT INS should know it, but everyone who has used CONTRACT INS knows that its magic lies in its "silky smooth" trading experience. During the epic 312 plunge, many major major exchanges either directly "unplugged the network cable" or simply experienced lags that caused collapse. Going a little further, after the 1024 speech, Bitcoin skyrocketed, but the fear that long orders could not be closed and short orders could not cover positions is still a nightmare for many investors. But at Bybit, operations are stable and smooth.

This trading platform, which has always given people a "simple" feeling, has released two new functions, namely two-way contracts and contract insurance.

It is these three new features that make users excited, which may be good news for derivatives players who are stuck in the contract quagmire.

Don’t panic if there is a sharp rise or fall, the perpetual contract that supports two-way positions is here.

The core advantage of the platform strategy is the introduction of an insurance mechanism, which provides investors with additional protection and loss compensation, further reducing investment risks. This unique trading method allows investors to trade without any worries and achieve the goal of steady profits. At the same time, it also has the characteristics of rapid fission and high returns. It increases the profit opportunities and speed of transactions through long and short two-way opening.

This new product of CONTRACT INS supports long and short two-way positions in the same contract. It is suitable for a very common scenario. For example, you have a long order and think that the price will continue to rise, but for some reason, you are short in the short term. At this time, you can directly open a short order without closing the long order. It is reported that under the isolated position mode, investors can even choose different leverages, and the long and short positions exist independently and do not affect each other.

This convenient design is very worth looking forward to for contract players.

Simplified new option gameplay - contract insurance, you can still get "claims" if your position is liquidated

As the name suggests, contract insurance means that when investors hold a contract position, they can purchase insurance for this contract to hedge against potential losses. For example, long position insurance means that on the premise of holding a long position contract, insurance is purchased to protect against price declines. Short position insurance means buying insurance to protect against rising prices while holding a short position contract.

Contract insurance is particularly suitable for extreme market conditions. Especially now, the price of Bitcoin fluctuates by 10%. High-multiple contract returns are high and the risks are also high. Therefore, contract insurance is a good tool for hedging positions.

Investors experienced in derivatives can find that it is a new way to simplify options.

In the future, their starting point is to simplify the complex options gameplay and combine it with the perpetual contract gameplay to better serve trading users. In the future, they will further introduce some simplified options gameplay.