Notification of Reduced Leverage Multiples for POLYXUSDT Futures

Dear KCEXers,

KCEX will reduce the leverage multiples for POLYXUSDT futures on July 11, 2024, at 07:50 (UTC).

You can also click on the position tier to view the latest leverage multiples and the corresponding position amount.

Please note:

1. The maintenance margin rate for each tier remains the same as before the change.
2. If you hold a position exceeding the adjusted maximum leverage multiple, you can still close the position normally but cannot open additional positions. Please adjust to the permitted leverage range to place orders within the corresponding position limits.
3. If your position exceeds the maximum position corresponding to the adjusted leverage, you can still close the position normally but cannot open additional positions. Please reduce the leverage multiple according to your position amount to place orders normally.
4. If you have unfilled limit orders that exceed the adjusted maximum leverage multiple, they can still be filled normally, but you cannot open new positions. It is recommended to cancel the orders and adjust to the permitted leverage range to place orders normally.
5. If there are trigger or trailing stop orders that exceed the maximum leverage multiple limit, they will not be executed after triggering. It is recommended to cancel these orders and adjust to the permitted leverage range to place orders normally.

6. KCEX will restore the original leverage multiples as soon as market conditions permit. The restoration time will not be separately notified. You can obtain the latest leverage and position limit data through the position tier.

If you have any questions, feel free to contact our customer service team at any time.

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KCEX Team