Update on Price Index of LINK/USDT & BCH/USDT in Perpetual Swap

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BingX Help Center Update on Price Index of LINK/USDT & BCH/USDT in Perpetual Swap

Update on Price Index of LINK/USDT & BCH/USDT in Perpetual Swap

BingX

2021-09-24 15:18

Dear BingX users,

In order to improve the stability of the latest index price as well as to reduce index price deviations of Perpetual Swap, BingX will introduce data from more trading platforms to the "Latest Index" of LINK/USDT and BCH/USDT in Perpetual Swap at 2021-09-24 18:00 (UTC+8).

The previous Price Index for LINK/USDT & BCH/USDT Perpetual Swap derived prices from Binance, Huobi & OKEx.
After this update, the latest Price Index for LINK/USDT & BCH/USDT Perpetual Swap derived prices from Binance, Huobi, OKEx, Coinbase, Bitstamp, Bittrex, Gate, MXC & Kraken.
The adjustment will not affect any other pairs.

Note: The BingX Index Price Calculation is within the range of the prices from the introduced exchanges at any time, which authentically reflects the price trend of cryptocurrencies. The calculation of the BingX Index Price effectively avoids the possibility of the price being manipulated by a single platform, which proves the fairness of the BingX Index Price Calculation.

BingX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.

Risk Warning:

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

BingX Operation Team

09/24/2021

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.

Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.