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Updates to Binance Futures Trading Rules
2020-09-10 13:09
Fellow Binancians,
To better serve our users, Binance Futures will make changes to the trading rules on 2020/09/21 0:00 AM (UTC) by banning the abnormal high frequency trading requests based on the following thresholds:
- Unfilled Ratio (UFR)
- GTC Cancel Ratio (GCR)
- IOC&FOK Expire Ratio (IFER)
- Dust Ratio (DR)
Users who violate trading rules will be restricted from opening or increasing positions for either 5 minutes or 2 hours, subject to the violation of trading quantitative rules. The restriction will automatically end upon the expiration of the penalty period.
For further information, please refer to the Binance Futures API Trading Quantitative Rules.
Thanks for your support!
Binance Team
2020/09/10
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