BigONE Adds Spread Protection Function

Dear BigONE users:

In order to provide a better protection to users with their asset, BigONE future trading system has officially added the spread protection function, which can effectively prevent losses caused by abnormal triggers of stop-profit and stop-loss during periods of severe market fluctuations, allowing users to participate in BigONE future trading with confidence.

【Spread Protection】

After the spread protection function goes live, it will be initialing a risk rule that determines position size at the time of entry if it reaches the trigger price, If the difference between the market price and the marked price of the contract exceeds the set threshold of the contract, the function will not be triggered.

The spread protection threshold is as follows:

Trading Pair	Threshold
BTC/USDT	0.5%
ETH/USDT	1.0%
EOS/USDT	2.5%
DOT/USDT	2.5%
UNI/USDT	2.5%
FIL/USDT	2.5%
BTC/USD	0.5%
ETH/USD	0.5%

Note:

1. When setting the market price threshold, the spread protection function is turned on by default;
2. The spread protection function for the existing contract user will also be fully enabled. Users can turn off the spread protection function on the PC side.

【Risk Warning】

1. The contract trading spread protection function does not directly affect your final profit and loss, and is only used to prevent losses caused by abnormal triggering of stop-profit and stop-loss during periods of severe market fluctuations;

2. BigONE does not provide price endorsement or project guarantee for any project. Please consider all factors such as project popularity, market trends, your own risk tolerance, etc., prudently decide whether to participate in contract transactions, and reasonably allocate your assets.

BigONE, more than just asset security.

Best,

BigONE Team

November 12, 2020