Dear BingX Users,
To provide better services, BingX will update the adjustment factors for cryptocurrency trading pairs in Standard Futures on 2024-08-12 at 02:00 (UTC). Existing positions will not be affected. This update will effectively differentiate the risk of negative equity caused by liquidation across different leverages, and prevent it in a more scientific and reasonable manner. The details are as follows.
Tier
|
Max. Leverage
|
New Adjustment Factor
|
Tier 1
|
5x
|
5.00%
|
Tier 2
|
10x
|
8.00%
|
Tier 3
|
15X
|
10.00%
|
Tier 4
|
20X
|
12.00%
|
Tier 5
|
25X
|
15.00%
|
Tier 6
|
30x
|
15.00%
|
Tier 7
|
35X
|
18.00%
|
Tier 8
|
40X
|
20.00%
|
Tier 9
|
45x
|
20.00%
|
Tier 10
|
50x
|
25.00%
|
Tier 11
|
100x
|
30.00%
|
Tier 12
|
150x
|
35.00%
|
Tier 13
|
200x
|
35.00%
|
Note: Different trading pairs have different leverages, please refer to the
adjustment factor page.
*The Adjustment Factor is designed to prevent users' equity from going negative. It represents the proportion of the remaining margin to the initial margin required to maintain the position.
For example, if the adjustment factor is set at 10%, it means that the position will be forced liquidated when the remaining margin decreases to 10% of the initial amount. The lower the adjustment factor, the less likely it is to trigger forced liquidation. And vice versa.
Thank you for your support!
BingX Operation Team
BingX Official Channels
Risk Disclaimer
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur.
BingX attaches great importance to compliance and has strictly abided by local regulations. Please obey local laws and regulations in your country or region. BingX reserves the right in its sole discretion to amend, change, or cancel this announcement at any time and for any reason without prior notice.