Hakifi Documents
  • Overview of the Hakifi protocol
    • The Problem
    • The Solution? Hedging!
  • Understanding Hakifi Insurance
  • Video Guides
    • Hakifi Introduction
    • Hakifi Demonstration
  • Buy Cover
    • How to Open a Contract?
    • How to Manage a Contract
  • Referral
    • How to get a referral code
    • How to enter referral code
    • How to calculate commission rate
    • How to Calculate Presentation Commissions
  • Pool addresses
  • Community
  • General risk disclosure
  • Roadmap
  • FAQs
  • Terms of use
  • Privacy policy
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FAQs

What is Hakifi? Hakifi operates as a decentralized hedging protocol that utilizes blockchain technology to assist traders in mitigating trading risks during the market fluctuations.

What is Hedging?

Hedging is a strategy used to minimize risk in an investment or business. It works by taking a trade against your current position, to cover potential losses. Hakifi was created to help users simplify the conventional Hedging method and maximize performance and reduce costs.

About fees on Hakifi

We support insurance premiums for users at a cost of only 0 USD. Except for the BSC Gas fee that the user pays to the lazy network to open the contract, the remaining cases include paying the Gas fee to the BSC network when returning/paying back to the user's wallet. Specifically:

Gas Fee

Paid

Successful margin

User

Insurance payment

Hakifi

Margin refund

Hakifi

Commission withdrawals

Hakifi

Prize withdrawals

Hakifi

How many trading pairs are there? Will there be more ones available?

Currently, there are more than 120+ asset pairs listed on Hakifi's insurance support list, and more will be updated in the future. Any changes in updates, additions, or removals of asset pairs will be announced by us on the homepage and official social network pages.

How can we contact Hakifi?

You can contact us at email address: hi@Hakifi.io

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Last updated 1 year ago