Dear Flipstars,
Please be advised that with effect from 1 July 2024 at 00:00 UTC, Flipster will implement a 2 second Trade Pause before and after funding payment timestamps in order to address market volatility and prevent trade disruption in and around funding payment timestamps.
Trading will only be paused for specific symbols that exceed 0.15% or -0.15% in funding rate 1 minute before funding payment timestamp.
Specific symbols will not be available for trade for 2 seconds before and after funding payment timestamps.
30 Minutes Before Funding Payment Timestamp:
Any symbol that exceeds 0.12% or -0.12% in funding rate will show an alert notifying users that the symbol may be subject to trading pause
1 Minute Before Funding Payment Timestamp:
Any symbol that exceeds 0.15% or -0.15% in funding rate will show an alert notifying users that the symbol will be subject to trading pause
2 Seconds Before and After Funding Payment Timestamp:
Symbol will be subject to trading pause
Please note that during the Trade Pause period:
- Trading function on the symbol subject to the Trade Pause will be disabled
- TP/SL and Trigger Orders will not trigger for symbols subject to the Trade Pause
- ‘Close All’ button will close all positions except for symbols subject to the Trade Pause
Your support and feedback are valuable for enhancing our products and services. For any further information or queries please do not hesitate to contact us through our service request form.
Best Regards,
Team Flipster
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