Dear BingX Users,
 
BingX will increase the funding rate settlement frequency  of the OMG  starting from 2021-11-12 at 0:00 (UTC+8) to 2021-11-12 at 8:00 AM (UTC+8). The detailed arrangement is as in the table below.
Time Max Funding Rate
2021-11-12 0:00 （UTC+8)
+2% / -2%
2021-11-12 2:00 （UTC+8)
+2% / -2%
2021-11-12 4:00 （UTC+8)
+2% / -2%
2021-11-12 6:00 （UTC+8)
+2% / -2%
2021-11-12 8:00 （UTC+8)
+2% / -2%
 
 
Notes:
Existing positions opened before the updates will be affected. It is strongly advised to adjust the position and leverage in order to avoid any potential liquidation.
 

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
11/11/2021