Dear Bvnex users:
In order to meet the diversified trading preferences of users, we will introduce the Limit Up Limit Down Rules to designated projects in Bvnex Nova
【Limit Up Limit Down Rules(LULD)】
The LULD Rules will be applied to designated projects in Bvnex Nova. There are certain differences in the rules of these projects and others, including but not limited to the following:
1. Trading rule: The trading pairs that adopt the LULD will only allowing transactions within the range of price increase and decrease within the same day. For instance: the opening price is 1USDT, and the limit up/down is 10%, then the highest purchase price on that day shall not exceed 1.1USDT, and the minimum selling price shall not be less than 0.9USDT
2. Daily Settlement: The settlement cycle of LULD is from 7:00 (GMT+7) to 7:00(GMT+7) the next day. The settlement period is 6: 58-7: 00 the next day. All trading operations will be suspended within this 2 minutes. After the settlement period, it is a new trading day. Bvnex will continue to introduce new trading rules in the Bvnex Nova, so stay tuned.
Digital assets are innovative investment products with large price fluctuations and high investment risks. Before investing, you are expected to fully understand digital assets, reasonably judge investment ability, and make investment decisions prudently