Dear BingX Users:

The BingX Index Price Calculation collects spot weighted average prices of Binance, Huobi and OKEx. To avoid the comprehensive price deviation caused by spot market liquidity, network interruptions, abnormal connection and other problems, BingX will optimize the Index Price Calculation method at 16:00 on September 14th, Singapore Time (GMT+8). Protection measures for abnormal conditions, as follows:

1. When the system removes the price reference of Exchange A, the price of Exchange A within the next 5 minutes will not be included in the Index Price Calculation, that is, the weight is 0; after the first 5 minutes of counting, if the price deviation of Exchange A is less than the reference 1% * 0.8 of the median exchange price, the system will re-include the exchange A price in the Index Price Calculation. If the conditions are not met, the weight of 0 will continue to be maintained for 5 minutes, and will not be included in the Index Price Calculation, and the above price judgment logic will be cycled for a longer period of time.
2. When the price of Exchange A deviates significantly from other exchanges for a long time, the system will consider that the price of this exchange may lose its guiding significance and temporarily remove the price reference of this exchange.

Historial Calculation Rule: https://support.bingx.com/hc/zh-cn/articles/360049915213
Latest Calculation Rule: https://support.bingx.com/hc/zh-cn/articles/360048574873

Risk Warning:

Digital asset derivatives trading is highly leveraged and risky, and may result in partial or total loss of account funds. Before conducting contract trading, investors must ensure that they understand the nature and rules of contract trading, and decide whether to participate in contract trading based on their investment experience, goals, financial status, and ability to bear risks.

BingX Operation Team
2020/09/14