Strategy Trading Disclaimers
Spot Grid and Futures Grid Trading
Users can use the grid trading strategy when executing trades by filling in the trading parameters. These parameters set by the user dictate the operation of the grid trading. Any parameter selection and investment decision will, in all cases, be made solely by the user.
Binance and the grid trading service do not determine the suitability of any grid trading parameter and make no representation or warranty that the grid trading strategy will guarantee profit. Any risk associated with grid trading strategy resides with the user, not Binance.
It is worth noting that past performance of the grid trading strategy is not indicative of future results. Users cannot assume that the future performance of any grid trading strategy will be profitable or equal to past performances.
Furthermore, Binance employs multiple risk mitigation strategies, including manual and automated circuit breakers, as well as kill-switch controls. These features can activate in the event of regulatory restriction, market disruption, and/or systems failure, canceling any grid trading strategy in place. Given the associated risks, users must conduct thorough due diligence to ensure that this feature is suitable for them.
Time-Weighted Average Price Algorithm (TWAP)
The risks associated with using the Time-Weighted Average Price Algorithm (TWAP) also reside with the user, not Binance.
If the market price moves considerably or liquidity is insufficient during the execution of an order, the algorithm may not achieve full completion. Thus, execution is and will always be liquidity-dependent with no guarantee for best price execution. For example, if the market becomes distressed, the algorithm may fail to complete the order before the specified end time.
Binance employs multiple risk mitigation strategies, including manual and automated circuit breakers, as well as kill-switch controls. These features can activate in the event of market disruption and/or systems failure, canceling any TWAP order early in a non-fully filled state.
No representation is being made nor implied that using the TWAP trade execution will generate income or guarantee a better execution price than a regular market order. Therefore, users must understand the risks associated with TWAP trade execution and conduct thorough due diligence to ensure that this feature is suitable for them.
Crypto Investment Risk
Crypto assets are volatile products with a high risk of losing money quickly. Prices can fluctuate significantly on any given day. Due to these price fluctuations, your holdings may significantly increase or decrease in value at any given moment, which can result in a loss of all the capital you have invested in a transaction.
Therefore you should not trade or invest money you cannot afford to lose. It is crucial that you fully understand the risks involved before deciding to trade with us in light of your financial resources, level of experience, and risk appetite. If required, you should seek advice from an independent financial advisor. The actual returns and losses experienced by you will vary depending on many factors, including, but not limited to, market behavior, market movement, and your trade size. Past performance is not a guide to future performance. The value of your investments may go up or down.