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HomeRight Arrow NotificationsRight Arrow Product UpdatesRight Arrow Adjustment of Long Swap for Digital Coin Products on 20 March 2024

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Notifications 18 Mar 2024

Adjustment of Long Swap for Digital Coin Products on 20 March 2024

NOTIFICATIONS

In response to prevailing market conditions and to better align with the ongoing digital coin bull market, we will be adjusting the Long swap rate for all digital coin products (except USDTJPY) to 7% per annum, effective from the close of trading on 20 March 2024. The Short swap rate will remain unchanged at 0%.

Please note the following details of the adjustment:

SymbolSwap Rate AdjustmentEffective Time
All Crypto Products

(except USDTJPY)		Long position: 0% -> 7%* p.a.20 March 2024
Short position: 0% (unchanged)
*A swap fee of 7% per annum will be charged for all long positions held on digital coin products. This fee will be calculated and incurred daily from Monday to Sunday.

If you have any questions or require further assistance regarding this matter, please don’t hesitate to contact our dedicated support team at [email protected].

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