Dear BingX Users,
To provide better services and following the previous update to the adjustment factor for some trading pairs in Standard Futures, we will complete the update on adjustment factors for BTC and ETH Standard Futures trading pairs on 2023-11-13 21:00 (UTC+8). Your historical positions will not be affected. Please refer to the latest adjustment factors for all positions opened after the update. Additionally, newly listed trading pairs will use the latest adjustment factors by default.
Check out the real-time updates of adjustment factors by visiting the link: https://bingx.com/tradeInfo/futures-trade-info/?type=futures-adjust-coefficient&pair=BTC-USDT
|
Tier
|
Max. Leverage
|
New Adjustment Factor
|
|
Tier 1
|
5x
|
5.00%
|
|
Tier 2
|
10x
|
10.00%
|
|
Tier 3
|
15X
|
12.00%
|
|
Tier 4
|
20X
|
12.00%
|
|
Tier 5
|
25X
|
15.00%
|
|
Tier 6
|
30x
|
15.00%
|
|
Tier 7
|
35X
|
15.00%
|
|
Tier 8
|
40X
|
15.00%
|
|
Tier 9
|
45x
|
15.00%
|
|
Tier 10
|
50x
|
15.00%
|
|
Tier 11
|
100x
|
20.00%
|
|
Tier 12
|
150x
|
25.00%
|
In contrast to the past where the adjustment factor was uniformly set at 10% (i.e., triggering liquidation when only 10% of the margin remains), this upgrade will effectively differentiate the risk of negative equity caused by liquidation across different leverages, and prevent it in a more scientific and reasonable manner. Specifically, users trading with low leverages like 1x to 5x will see reduced liquidation risk, whereas the risk of liquidation will slightly increase for users trading with high leverages. We recommend that you choose your leverage wisely and manage your trading risks when trading Standard Futures.
*The "Adjustment Factor" is designed to prevent users from liquidation and represents the proportion of the remaining margin to the initial margin required to maintain the position. For example, if the adjustment factor is set at 10%, it means that the position will be forced liquidated when the remaining margin decreases to 10% of the initial margin. The lower the adjustment factor, the less likely it is to trigger forced liquidation. And vice versa.
Thank you for your support!
BingX Operation Team
2023-11-09