Got questions? Here's our FAQ! If you don't find what you're looking for there, please don't hesitate to reach out to us on our social media platforms
War of Coins is a cutting-edge DeFi options platform that supplies fast-paced and simplified options trading for cryptocurrencies. Whether you're a seasoned trader or a beginner, War of Coins offers a user-friendly experience that will help you take your trading game to the next level.
Step 1: Choose your cryptocurrency.
Step 2: Decide on the price direction.
Step 3: Check out the profit table.
Step 4: Select the purchase amount and commit to the transaction.
Step 5: Watch the action.
Step 6: Profits will be automatically calculated.
Currently, we offer ETH/USDT and BTC/USDT. Future trading pairs may be added if they meet certain criteria, so be sure to check back often! The ones you want might be next!
War of Coins employs a sophisticated risk management strategy to ensure the safety of our users' funds. The allocated fund for each session is divided into several slots, each corresponding to various maximum payout levels, such as 100x, 50x, 20x, 10x, 5x, 2x, and 1x.
The price ladder tranche system begins each session with the 100 times slot active, and once the allocated liquidity for that slot is exhausted, the system will switch to the next lower payout slot, corresponding to a new maximum payout level. For instance, when the 100 times slot is depleted, the system will move to the 50 slot, and the maximum payout will be reduced to 50 times for the new purchase. If an option purchase surpasses the liquidity available in a segment, it moves to the next available segment.
Through our robust risk management policies, War of Coins ensures that all purchases are backed by the liquidity pool, providing a safe and secure trading environment for our users. This is why the sooner you act, the greater your potential rewards can be!
To ensure accurate pricing, a price oracle is integrated into our platform, collecting quotes from major cryptocurrency exchanges.
You can join the War of Coins Legion by connecting your wallet to the War of Coins Arena. You will then have a unique referral link that you can send to your friends to invite them to join War of Coins.
You can earn token rewards and trading profit bonuses. At the end of each dividend cycle, a percentage of the profits made from the liquidity pool is set aside and added to the trading profit bonus pool. The trading profit bonus pool is then distributed based on the trading volume of your Legionaries relative to the War of Coins Arena trading volume, and rewards are allocated according to your referral network size and positions.
Use your unique referral link and invite your friends to join War of Coins! New members will be considered as regular Legionaries. Once members make their first trade on Arena, they will then be considered to be an “Active Legionary”. Every active legionary you recruit will get you one step closer to the next rank. As you climb the ranks, you unlock access to higher reward tiers!
War of Coins obtains real-time price data by subscribing to data feeds from major centralized exchanges (CEX). Our current pool of exchanges includes Binance, Coinbase, Kraken, OKX, KuCoin, and ByBit.
War of Coins aggregates prices by accumulating price and volume information from each centralized exchange (CEX). This data is used to form 10-second K-Line data. The aggregation methods used are as follows:
Volume: The total volumes from all CEXs are summarized.
Closing price: The closing price is calculated by summing the product of price and volume and dividing it by the sum of the volumes.
sum(price*volume)/sum(volume)
For each options purchase, the base price of the option is determined using the latest aggregated price.
To ensure the most accurate mature price of options positions, War of Coins utilizes a price consolidation process. Instead of relying on its own aggregated price, War of Coins requests the latest hourly K-Line data from all centralized exchanges (CEX) at each options expiry time point. The same aggregation method used for the closing price calculation is applied to determine the maturity price of the underlying asset. Additionally, War of Coins has the capability to adjust its self-aggregated K-Line data based on consolidated exchange data, further enhancing accuracy.