Users are prohibited from using multiple accounts and devices for illegal arbitrage (including but not limited to fee farming, commission farming, Bonus Voucher farming, and hedging). The system uses multi-dimensional features to identify users who engage in this kind of cheating. The platform will take corresponding measures (including but not limited to account suspension, asset freezing, login restriction, and identity verification) against users found by the system to have engaged in illegal arbitrage.
To protect the normal trading experience of regular users, the platform reserves the right to take the following measures against users who are detected to engage in ultra-short-term trading (very frequent opening and closing of positions):
- Immediately terminate your account and access to our servers, and deduct any illegally obtained gains.
- Invalidate all trades that constitute ultra-short-term trading activity (that is, treat the trades as if they never occurred).
- Close all trades that constitute ultra-short-term trading activity based on our current market price.
- Increase your position holding time (that is, you must hold a position for a period of time before you can close it).
BingX strictly prohibits unfair trading practices. BingX reserves the right, at its sole discretion, to exercise executive control over your account if you engage in any of the following actions:
- Participated in price manipulation or any other malicious market behaviour.
- Might harm other Users or BingX using the loopholes of the Service or other unreasonable means.
- Participation in any activities that BingX regards as harmful to the market.
- Using multiple devices and accounts for fee farming, commission farming, Bonus Voucher farming, hedging, or similar actions.