Dear XTers,
In order to further improve the platform's trading performance and protect users' interests, XT.COM will add trading limits for buy and sell orders seperately from 12:00 on May 17, 2024 (UTC) to ensure the stability and fairness of the trading environment. The specific adjustments are as follows:
- Buy Order Limit: Users can only place buy orders between 20% and 500%.
- Sell Order Limit: Users can only place sell orders between 20% and 500%.
- Order Cancellation: To ensure the effective implementation of the new trading rules, we will cancel all abnormal price orders placed previously.
The purpose of this adjustment in trading limits includes but is not limited to the following:
- Preventing abnormal trading behavior: By limiting the trading range, we can effectively prevent potential abnormal trading behavior and maintain the order and fairness of the trading market.
- Protecting user interests: Limiting the trading range helps protect users' trading interests, preventing excessive fluctuations or unfavorable price trades, and reducing the risks users may face.
- Improving trading performance: Optimizing the trading environment helps reduce system load, improve platform trading performance, and provide users with a smoother and more efficient trading experience.
- Strengthening risk management: This adjustment will also help us strengthen risk management capabilities, enhance monitoring and response capabilities for abnormal trading behavior, and further ensure the stable operation of the exchange.
We understand that as an important part of the financial market, the stability and security of the exchange are crucial for users. Therefore, we will continue to strengthen our technical and risk management capabilities, ensure the stable operation of the platform, and continuously improve our services to meet the growing trading needs of users.
We apologize for any inconvenience this adjustment may cause you. We sincerely thank you for your trust and support of XT Exchange, and we will do our best to provide you with a safer and more efficient trading environment. If you have any questions or need assistance, please feel free to contact our customer service team, and we will do our utmost to assist you.
Thank you for your support!
XT.COM Team
May 17, 2024
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XT.COM reserves the right, at its discretion, to change, modify, or remove portions of the announcement at any time by posting the amended version on the website.