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09/08/2024
Dear BTCC user,
Due to recent market volatility, high-leverage trading is more vulnerable to extreme market conditions, which can lead to rapid and significant fluctuations in user funds.
To mitigate these risks and ensure the safety of user assets, BTCC will reduce the maximum leverage for futures contracts from 500x to 250x. This adjustment will take effect on August 14, 2024, at 02:00 AM (UTC+0).
Pairs supported with 250x leverage: BTC, ETH, DOGE, XRP, and SOL
Important reminders:
• Adjust Your Trading Strategy: Adapt your trading approach to align with the new leverage limit and manage your positions wisely to minimize risk.
• Enhance Risk Management: Use tools like stop loss and take profit to effectively manage potential risks in your trades.
• Stay Updated on Market Trends: Keep a close eye on market trends and adjust your trading strategies promptly to respond to market volatility.
BTCC remains committed to providing users with secure, efficient, and convenient trading services.
If you have any questions or need further assistance, please feel free to contact our customer support team.
Thank you for your support!
The BTCC Team
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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
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