Dear BingX Users,
   
To provide better services, BingX will update the adjustment factors for some trading pairs in Standard Futures, which will be finished before 2023-10-18 21:00 (UTC+8). Historical positions will not be affected.
  
In contrast to the past where the adjustment factor was uniformly set at 10% (that is, forced liquidation will be triggered when the remaining margin dropped to 10%), this upgrade will effectively differentiate the risk of negative equity caused by liquidation for different leverages, and prevent it in a more scientific and reasonable manner.
  
Affected Trading Pairs: LOOM/USDT, BIGTIME/USDT, WSM/USDT, ORBS/USDT and BOND/USDT.
Detailed Parameters:
Tier
Max. Leverage
New Adjustment Factor
Tier 1
5x
5.00%
Tier 2
10x
10.00%
Tier 3
15x
12.00%
Tier 4
20x
12.00%
Tier 5
25x
15.00%
Tier 6
30x
15.00%
Tier 7
35x
15.00%
Tier 8
40x
15.00%
Tier 9
45x
15.00%
Tier 10
50x
15.00%
Tier 11
100x
20.00%
Tier 12
150x
25.00%
  
The Adjustment Factor is designed to prevent users from negative equity and 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 margin. The lower the adjustment factor, the less likely it is to trigger forced liquidation. On the contrary, the higher the adjustment factor, the more likely it is to trigger forced liquidation. Therefore, it is recommended to choose leverage wisely and control trading risks when trading stock assets.
  
You can also check the real-time adjustment factor information here: https://bingx.com/tradeInfo/futures-trade-info/?type=futures-adjust-coefficient&pair=LOOM-USDT
  
Thank you for your support!
   
BingX Operation Team
2023-10-16