This is a general announcement and the products and services mentioned here may not be available in your area.

Dear User:

As part of risk control measures, Binance Futures Copy Trading Platform has upgraded the public domain order cooling-off period function.

Starting from 16:00 (GMT+8) on October 14, 2024, for public domain order-carrying projects that meet both of the following criteria, the system will cancel all unfulfilled orders and close the current unsettled positions at market price:

  • Assets under management (AUM) ≥ 500,000 USDT, and

  • 7-day maximum drawdown (MDD) ≥ 20%

Note:

  • When unfilled orders and positions are cancelled/closed, trading will be disabled for 24 hours;

  • The system will perform a check every 2 hours;

  • Public domain single-order projects that have triggered this rule will not be checked again in the next 7 days.

开始体验合约跟单交易

About Binance Futures Copy Trading

Copy trading helps investors to copy the trades of experienced cryptocurrency investors in real time. When the copy trader makes a trade, the system will automatically copy the trades of the selected copy trader for the copy trader. At the same time, it helps novice traders understand the cryptocurrency market and improve their trading confidence and trading strategies.

More information:

Note: There may be discrepancies between the original English version and the translated version. If there are any discrepancies, please refer to the original English version for the latest or most accurate information.

Thank you for your support!

Binance Team

October 16, 2024