Dear BingX users,

Due to high market volatility and insufficient market liquidity, in order to ensure normal trading experience and avoid excessive trading risks, the BingX team has decided to make temporary adjustments to the maximum leverage and position limits of the following categories on Nov 05, 2021 (GMT+8). Please stay tuned for official announcements for subsequent changes.

The adjustment is limited to OMG/USDT and SKL/USDT Standard Contracts. After the adjustment, the maximum leverage and position limits are as follows.

 

Trading Pair

Latest Parameters

Former Parameters

OMG/USDT

1x- 5x: 100,000 USDT

6x- 10x: 50,000 USDT

11x- 20x: 10,000 USDT

21x- 25x: 5,000 USDT

1x- 10x: 250,000 USDT
11x- 25x: 100,000 USDT
26x- 35x: 50,000 USDT
36x- 50x: 10,000 USDT

SKL/USDT

1x- 5x: 100,000 USDT

6x- 10x: 50,000 USDT

11x- 20x: 10,000 USDT

21x- 25x: 5,000 USDT

1x- 10x: 250,000 USDT

11x- 25x: 100,000 USDT

26x- 35x: 50,000 USDT

36x- 50x: 10,000 USDT

Notes

  1. For any changes to the leverage and position limits, please refer to the latest announcements.
  2. The leverage and position limits may vary amongst users based on their risk level.

 

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

11/04/2021