Dear Users,

BingX is thrilled to announce that the Guaranteed Price feature fee waiver privilege will be added into the BingX VIP system. This feature covers multiple hot trading pairs, providing VIP users with the opportunity to enjoy 0 slippage in Perpetual Futures trading for an enhanced trading experience.

 

What is the Guaranteed Price VIP Fee Waiver Privilege?
Guaranteed Price is an exclusive feature brought to you by BingX. By selecting it when creating a "Trigger Order" or "Stop-Loss Order" in Perpetual Futures, you can ensure your position is executed at the preset price, achieving zero slippage. BingX will bear the risk of slippage on your behalf.
Guaranteed Price is a paid feature, but BingX VIP users can enjoy it at no cost. The fees, which are charged based on the actual trading volume, will be exempted after the order is successfully triggered. Waived Guaranteed Price Fee = Filled amount * filled price * Guaranteed Price fee rate
Try it today:
👉🏻 For the web, visit: https://swap.bingx.com/BTC-USDT
👉🏻 For the app, please update your app to V4.6.0 or above (the listing time of the version in different application store varies. Please wait patiently)
Free usages for different VIP levels:

VIP Level Daily Free Usages for Guaranteed Price
Ordinary user -
VIP 1 2
VIP 2 3
VIP 3 4
VIP 4 5
VIP 5 6
Supreme VIP 10

 

What are the advantages of Guaranteed Price?

Here is an example to help you understand the advantages of Guaranteed Price feature, using Guaranteed SL as an example:
Three traders decide to go long on 1 BTC when the market price is 26,500 USDT. However, a flash crash occurs, causing the market price to plummet to 25,472.7 USDT. Each trader has a different risk management strategy, resulting in different outcomes for the same trade:
Trader
A
B
C
Stop Loss Method
SL Market Order
SL Limit Order
Guaranteed SL
Preset Stop Loss Price
25,840.0 USDT
25,840.0 USDT
25,840.0 USDT
Actual Stop Loss Price
25,472.7 USDT
None
25,840.0 USDT
Loss
1,027.3 USDT
([26,500 - 25,472.7] * 1)
Unknown
660 USDT
([26,500 - 25,840] * 1)
Case Analysis
SL market order is a market order that ensures the order is executed as quickly as possible, but it does not guarantee the filled price. Therefore, in the case of a sharp rise and fall in the market, the trader's order is eventually executed at the market price of 25,472.7.
SL limit order is a stop-loss set using a limit order. In the event of sharp market fluctuations, where the market price quickly moves beyond the predetermined price, it may result in the incomplete execution of the placed order.
Guaranteed SL order ensures that your position is always closed at your preset price. Therefore, the trader's order will be executed at precisely 25,840.0 regardless of market volatility or price gaps.
*Please note that this calculation process is a simplified example and does not include trading fees.
How VIP users can use the Guaranteed Price fee waiver privilege?
When creating a trigger order or SL order in the Perpetual Futures trading page, enable Guaranteed Price and select "0 Fee" to enjoy the fee waiver privilege.
Please note the remaining daily free usage count displayed on the trading page. If exceeded, charges will be incurred when using the Guaranteed Price feature.
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Special Notes:
1. BingX reserves the right to adjust the fees for Guaranteed Price feature or suspend it for certain trading pairs based on market conditions. Please refer to the trading interface for latest updates on supported trading pairs and fees.
2. Users engaging in arbitrage through malicious use of the Guaranteed Price feature will be deemed in violation. Appropriate measures will be taken, which can include restrictions on adjustment factors, fees, trading pairs on Guaranteed Price, and even the suspension of the feature.
3. Guaranteed SL feature will only apply to stop-loss scenarios. Orders must meet the following conditions: the trigger price for a long position stop-loss is lower than the average open price, or the trigger price for a short position stop-loss is higher than the average open price.
4. Trigger orders using the Guaranteed Price feature may be executed through limit orders. In this case, VIP free usages will not be deducted, specifically in the following two scenarios: ① When opening a position using Guaranteed Price for a trigger order, if the trigger price is higher than the market price, the order will be executed as a limit order. VIP free usages will not be deducted for these orders; ② When closing a position using Guaranteed Price for a trigger order, if the trigger price is higher than the average open price, the order will be executed as a limit order. VIP free usages will be deducted initially, but will be refunded upon triggering.