BingX dual-price mechanism consists of the mark price and the last price. Even if the mark price reaches the estimated liquidation price, a trader's position will not get liquidated as long as the last price does not reach the liquidation level. This mechanism effectively protects traders from potential forced liquidations that may occur due to abnormal price fluctuations caused by market manipulations.

_en_twitter_1200x675 (1).png

Learn about Dual-Price Mechanism and take a quiz to stand a chance to win a $100 Bonus Voucher.

 

Event Period: 2024-12-14 12:00 to 2024-12-20 18:00 (UTC+8)

 

🎁 How to Earn?

Step 1: Learn about Dual-Price Mechanism.

Perpetual Futures | New Dual-Price Mechanism

Step 2: Take the quiz and earn up to $80 in rewards >>

Step 3: During the event, participate in the quiz and complete your first futures trade with a cumulative futures trading volume of over 1,000 USDT to receive a 20 USDT Bonus Voucher.

 

Event Rules:

1. The quiz contains 4 multiple-choice questions. Users need to answer all 4 questions correctly to receive the Bonus Voucher of a random value ($5 to $80).

2. There are 3,000 rewards in total which will be issued on a first-come, first-served basis, based on the order of users submitting their answers.

3. During the event, participate in the quiz and complete your first futures trade with a cumulative futures trading volume of over 1,000 USDT to receive a 20 USDT Bonus Voucher. Limited to the first 1,000 users, based on the time of their first futures trade.

4. Bonus Voucher from this event comes with 5x leverage and are valid for 7 days.

5. The reward will be issued to your "My Vouchers" within 7 working days after the event.

6. BingX reserves the right to the final interpretation of the event. Users involved in unfair activities to reap rewards will be disqualified.