Fellow Binancians,
Binance Options will perform a scheduled system upgrade at 2022-11-07 03:00 (UTC). The upgrade will take approximately 15 minutes.
Major improvements in this upgrade include:
- Overall system performance and stability improvements
- Auto-Cancel All Open Orders (Kill Switch) function
The following services will be suspended during the upgrade:
- Options trading
- Deposits and withdrawals to and from Options wallets
- Registrations for Options accounts
We advise all users to cancel any open orders prior to the scheduled upgrade time to safeguard against being filled from a change in market conditions once trading resumes.
Please note:
- The Auto-Cancel All Open Orders (Kill Switch) function is only applicable to market makers participating in the Options Market Maker Program. Please refer to the detailed API documentation here.
- The duration of the system upgrade is based on our best estimates and may vary.
- All impacted functions will resume once the system upgrade is complete. There will be no further announcement.
We apologize for any inconvenience.
Thanks for your support!
Binance Team
2022-11-03
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Binance reserves the right in its sole discretion to amend or change or cancel the products referred to in this announcement at any time and for any reasons without prior notice.
Risk Warning: 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. Options trading, in particular, is subject to high market risk and price volatility. 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.