Dear Bingbon Users:
As OKEx resumes withdrawals, Bingbon will resume the index constituent from OKEx’s spot market data at 09:00 on Nov. 30th, 2020 (UTC+8), which applies to both Standard Contract and Perpetual Swap.
Bingbon Index Constituent:
The Bingbon Index Constituent collects spot market data from Binance, Huobi and OKEx.
The weights of Huobi, Binance and OKEx indices all are equal to 33.33%. To avoid the
malicious manipulation of the price or the instability of the exchange data source,
before Bingbon makes a comprehensive calculation, Bingbon will determine if the data sources
of Huobi, Binance and OKEx are abnormal.
If so, the abnormal data will not be included in the Index Price Calculation.
Previous weight rules: https://support.bingbon.io/hc/en-001/articles/360053433314
Latest weight rules: https://support.bingbon.io/hc/en-001/articles/360048574873
Risk Warning:
Digital asset derivatives trading is highly leveraged and risky, and may result in partial or total loss of account funds. Before conducting contract trading, investors must ensure that they understand the nature and rules of contract trading, and decide whether to participate in contract trading based on their investment experience, goals, financial status, and ability to bear risks.
Bingbon Operation Team
2020/11/29