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…

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…