Dear Users,
To further improve the efficiency of Trial Fund, BingX will be adjusting the offset rules for Futures Trial Funds starting 2024-12-17 (UTC+8). Details are as follows:
When the Trial Fund is used to offset losses from closing positions:
• If the user's cumulative realized PnL after receiving the Trial Fund is sufficient to cover the current loss, the Trial Fund will not be used for offsetting.
• If the cumulative realized PnL after receiving the Trial Fund is insufficient to cover the current loss, the loss will be offset based on the Trial Fund's offset ratio. Only the remaining loss amount after deducting the profit portion will be eligible for offset.
Trial Funds can still be used to offset funding fees based on the offset ratio.
Notes:
- If you redeem multiple Trial Funds, your cumulative PnL will be calculated based on the time of your most recent redemption.
- Realized PnL = Closing PnL - Funding Fee
Please stay updated on the impacts of these rule adjustments.
Thank you for your understanding and support.
BingX Operation Team
BingX Official Channels
Risk Disclaimer
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