MGBX

Explanation of the Price Protection Mechanism

MGBX Editorial3

Dear User, To maintain market fairness and ensure trading stability, our platform has implemented a Price Protection Mechanism . Below is an explanation of the potential impacts th

This article is for education and information only and does not constitute investment advice. Digital asset prices can fluctuate significantly; make decisions based on your own risk tolerance.

Dear User,

To maintain market fairness and ensure trading stability, our platform has implemented a Price Protection Mechanism. Below is an explanation of the potential impacts this mechanism may have:

Under extreme market conditions, when the deviation between the mark price and the latest price exceeds the system-defined threshold, the following situations may occur:

  1. Market take-profit/stop-loss orders may fail to trigger;

  2. Market orders to open a position may not be fully executed;

  3. Market orders to close a position may result in partial fills.

All related execution details can be viewed under [Historical Trades] - [Details]. We strongly recommend that users closely monitor market conditions and set trading strategies accordingly to mitigate the risks associated with market volatility.

Thank you for your understanding and continued support.

If you have any questions, please feel free to contact the official MGBX team.

MGBX Team

April 23, 2025

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