Dear Users,
From March 20, 2024 3:48 PM（UTC+8） onwards, BingX Futures will adjust the funding fee settlement frequency to once every 4 hours.
The details are as follows:
Perpetual Futures: BTC/USDT
Time (UTC+8)
March 20, 2024 4:00 PM（UTC+8）
March 20, 2024 8:00 PM（UTC+8）
March 21, 2024 12:00 AM（UTC+8）
March 21, 2024 4:00 AM（UTC+8）
March 21, 2024 8:00 AM（UTC+8）
...
Please note:
1. Further adjustments to the frequency of funding rate settlement may occur. Kindly note that no additional announcements will be made.
2. Please refer to the updated funding fees information before opening a position. For existing positions opened before the update, please adjust your position and margin in order to avoid triggering forced liquidation.
3. To safeguard users' rights and mitigate risks under extreme market conditions, BingX may take additional protective measures for BTC/USDT without further notice. The protective measures include, but are not limited to, adjusting leverage and margin (including the maximum leverage for each tier, position limit, and maintenance margin rate), adjusting funding rate (including basic interest rate, premium index, and fee cap), etc.
For more information: Fee Schedule
 
BingX Operation Team
March 20, 2024 3:48 PM（UTC+8）
 
BingX Official Channels
BingX Web: https://bingx.com
 
Risk Disclaimer
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur. BingX attaches great importance to compliance and has strictly abided by local regulations. Please obey local laws and regulations in your country or region. BingX reserves the right in its sole discretion to amend, change, or cancel this announcement at any time and for any reason without prior notice. For more information, please refer to our Terms of Use
and Risk Warning.