Recently, i found that Bispex exchange provides service like Insurance Backed Trading...
I never see such service, it seems impossible. Insurance backed trading is very high risk, especially in cryptocurrency environment that has a volatile market.
Basically insurance need a platform for growing their customers money, but it's require credible platform. Suspicious platform only brings harm to the company, especially to its customers.
I have never heard of it before, even, I do not have any exact search results for this keyword on google. Can you send a link to introduce it here?
I found the article about the exchange
https://cointelegraph.com/press-releases/introducing-bispex-a-one-stop-crypto-prediction-market-platform