Dear Users,

Due to network congestion, there has been price abnormality incurred to the Perpetual Futures. The platform will issue compensation to all affected users before 2022-09-02 12:00 (UTC+8). The compensation details are as follows:

1. The platform will issue full compensation for the loss (round up to integer) incurred from the price abnormality. Profits incurred thereby will not be deducted.

2. All affected users, regardless of their P&L, will receive a 50*10 bonus.

Please Note:
1. The BingX exchange adopts Mark Price for liquidation and unrealized P&L. Therefore, the liquidation and unrealized P&L are not affected by the abnormality.
2. BingX will remove the extreme prices on 2022-08-31 (UTC+8) after overall evaluation considering that the extreme prices affect the view of the candlestick chart.
 
Thank you for your support!
BingX Operation Team
2022-08-31
 
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Risk Warning: 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 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. For more information, please refer to our Service Agreement and Risk Warning.