Insurance Fund (Margin) Description

What is Insurance Fund (Margin)
30% of the daily interest is added to Insurance Funds (Margin) every day to handle the bankrupt positions. CoinEx reserves the rights for future use of the funds.

What is the use of Insurance Fund (Margin)？
If the Insurance Fund (Margin) is insufficient to cover the remaining portion of the bankrupt positions, CoinEx will then pay for this portion. Under such circumstances, your CoinEx account is in debt with withdrawal function disabled. To clear your debt, you can either deposit funds to your Margin account or wait for Insurance Fund to be sufficient again which will pay off debts in chronological order.

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