Dear BingX Users,
In order to improve the stability of the latest index price as well as to reduce index price deviations of Standard Contract, BingX will continuously introduce data from multiple trading platforms into the "Latest Index" of Standard Contract.
Adjustments are as follow:
- Previous Price Index derived prices from Binance, Huobi & OKEx;
- Latest Price Index after this update derives prices from Binance, Huobi, OKEx, Coinbase, Bitstamp, Bittrex, Gate, MXC & Kraken;
- The latest price index adopts data from multiple trading platforms. The actual price source on APP shall prevail.
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.
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