Dear Users,
BingX Standard Futures and Perpetual Futures will update the STMX/USDT leverage and margin tiers on 2023-09-29. Existing positions opened prior to the update will be affected. To avoid any potential forced liquidation, please update your margin amount based on the updated parameter. The adjustments are as follows:
STMX/USDT (Standard Futures and Perpetual Futures):
Maximum Leverage Position (in USDT)
10x
5000
6x
100000
2x
250000
1x
500000
Please note:
1. Further adjustments to the leverage and margin tiers may occur. Kindly note that no additional announcements will be made.
2. Please refer to the updated leverage and margin tiers before opening a position. For existing positions opened before the update, please adjust your position and margin in order to avoid triggering forced liquidation.
3. To safeguard users' rights and mitigate risks under extreme market conditions, BingX Standard Futures and Perpetual Futures may take additional protective measures for STMX/USDT without further notice. The protective measures include, but are not limited to, adjusting leverage and margin (including the maximum leverage for each tier, position limit, and maintenance margin rate), adjusting funding rate (including basic interest rate, premium index, and fee cap), etc.
For more information: https://bingx.com/tradeInfo/swap-trade-info/?type=swap-maintenance-margin
 
BingX Operation Team
29 September 2023(UTC+8)
 
BingX Official Channels
BingX Web: https://bingx.com
 
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