Dear CoinW users:
Dear Users：
In order to provide better service and prevent the impact on market liquidity caused by forced liquidation of large positions, resulting in large deficit losses. CoinW Futures will launch Tiered Maintenance Margin Ratio System from 08:00-10:00 (UTC) on July 4, 2022, to help users reduce the risk of deficit losses.
Maintenance Margin Ratio is the lowest required Margin Ratio for a user to maintain the current open position(s). When the Margin Ratio of the account is lower than the Maintenance Margin Ratio + Liquidation Fee Rate, full or partial liquidation will occur.
All Futures services will function normally during the launch period. After the launch of Tiered Maintenance Margin Ratio System, all positions will be implemented according to the Tiered Maintenance Margin Ratio System. Please pay attention to your positions in time, and contain risks in advance by adding Margins, reducing the number of open positions, and etc.
Click to for details： " Tiered Maintenance Margin Ratio System "
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CoinW International
June 20 ,2022