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Buy Cover
A guide on how to buy covers.
- Click Buy Covers and navigate to Crypto Price page.
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- A collection of Crypto Price Covers will be displayed for you to choose from.
- Click Get Covered for the cryptocurrency you would like to get covered on.
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- Choose your preferred type of insurance.
- Bear Insurance: A cover giving the policy holder the right to obtain the payout amount if the price of the underlying asset goes below to the trigger price within a specified time frame.
- Bull Insurance: A cover giving the policy holder the right to obtain the payout amount if the price of the underlying asset goes above to the trigger price within a specified time frame.
- Enter your Trigger Price, Insurance Term and Premium.
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- After that, the system will calculate the Leverage and the Payout Amount to be received.
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- Click Approve USDT and Buy.
- Please confirm the information of the insurance policy you selected.
- After that, click Confirm when agreeing to all the policy's details below.
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- Confirm the transaction in your wallet. Once payment has been made and confirmed, you assets are now covered by Marquee.
- Click Buy Covers and navigate to Smart Contract page.
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- A collection of protocols will be displayed for you to choose from.
- For each protocol, the following information will be shown.
- 1.Blockchain: a list of chains on which the protocol is covered.
- 2.Security Score: a numerical summary of the protocol's security posture based on Project Implementation, Project Operation, Founding Team, Security Audit and Code Quality.
- 3.Remaining Capacity: A cover amount available for purchase.
- Click Buy for the cryptocurrency you would like to get covered on.
- On the checkout page, choose your Insurance Term and enter your Premium.
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- After that, the system will calculate the Leverage and the Payout Amount to be received.
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- Click Approve USDT and Confirm.
- Please confirm the information of the insurance policy you selected.
- After that, click Confirm when agreeing to all the policy's details below.
- Confirm the transaction in your wallet. Once payment has been made and confirmed, you assets are now covered by Marquee.
Last modified 7mo ago