Dear BingX Users:

The platform adopts a comprehensive price algorithm of Huobi, Binance, and OKEx spot market. The above three platforms have not yet launched FIL USDT spot, so the platform will postpone the FIL USDT Standard Contract. The specific launch time will be synchronized with the Huobi, Binance and OKEx launch. Details of FIL/USDT Standard Contract are as follows:

FIL/USDT Standard Contract Details

Underlying Asset

FIL/USDT Index

Settlement Asset

USDT

Price Quotation

USDT

Min. Price Change

0.0001

Leverage

1,5,10

Trading Fee Rate

(Charged when Closing a Position)

0.045%

MAx. Position Size

(Principle * Leverage)

10,000USDT

Copy Trade Limit

(Long or Short)

20,000USDT

Trading Hours

24/7

Settlement Time

Real-time

FIL Intro:

Filecoin (FIL) is the native token of IPFS, which was issued on December 14, 2017. The total supply is 2000,000,000 FIL.

Note: For any changes to the Max. Position Size, please refer to the latest announcements. 

The leverage and limits are affected by the user’s risk level, which may vary amongst users.

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

2020/10/14