Fellow Binancians,
Binance Futures will introduce maximum open order limits for USDⓈ-M and COIN-M futures contracts at 2024-02-20 07:00 (UTC) to improve the overall system performance and stability. Details are as per the table below.
Please note that the aforementioned limits for USDⓈ-M and COIN-M futures contracts apply to all order types on a per account level, including “Reduce Only” orders. After 2024-02-20 07:00 (UTC), users will not be able to create new open orders or modify open orders for USDⓈ-M or COIN-M futures contracts once the corresponding maximum open order limit of their account is reached.
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Notes:
Binance Futures reserves the right to adjust the maximum open order limits for USDⓈ-M and COIN-M futures contracts per account at its sole discretion without any prior notice. Please refer to the Trading Rules page or the detailed API documentation here for the most updated information on maximum open order limits.
There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-01-22
Note: This announcement was updated on 2024-02-28 to clarify that users will not be able to modify open orders for USDⓈ-M or COIN-M futures contracts once the corresponding maximum open order limit of their account is reached after 2024-02-20 07:00 (UTC), and on 2024-02-19 to clarify that the maximum open order limits for USDⓈ-M and COIN-M futures contracts will be applied on a per account level.
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Futures trading, in particular, is subject to high market risk and price volatility. You may be called upon at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, your collateral may be liquidated without your consent. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.
