BitWell perpetual contract settlement mechanism upgrade announcement (06.12.2021)

Dear Users,

In order to enhance your perpetual contract trading experience and improve the risk control mechanism, BitWell will upgrades to the perpetual contract settlement mechanism, as follows:

  • Stop the 8-hour unrealized PNL settlement of open positions
  • The 8-hour settlement mechanism for funding fee will remain in place
  • Mechanism effective time: 16:00 June 12, 2021 UTC time

Risk Warning:

Cryptocurrency investment is innovative blockchain products, and subject to price fluctuation. Please judge your risk-taking ability rationally and make your investments with caution.

BitWell is not responsible for any direct, indirect, or consequential losses as a result of cryptocurrency trading and holding.

Thank you for your support of BitWell!

BitWell Team

BitWell is committed to building a fair and transparent global digital asset trading platform, providing investors with secure, convenient and intelligent blockchain derivatives trading services.


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