Dear Users,
Pionex will update the funding rate settlement frequency of the MAGIC/USDT perpetual futures at 20:00 on April 21st, 2025 (UTC).
Detail Information:
Funding Rate Settlement Frequency | from Every 8 hours to Every 4 hours |
Please Note:
- The settlement frequency for funding rates will be implemented, but your current positions will remain unchanged. It is crucial to closely monitor any modifications to your positions.
- Based on market risk conditions, Pionex may adjust the specifications of the futures from time to time, which include the maximum leverage, initial margin, and maintenance margin requirements.
Risk Warning:
There are considerable risks in digital currency transactions; please purchase carefully and pay attention to transaction risks. Pionex will select high-quality currencies but will not be responsible for guarantee, compensation, etc., for any of your transactions.
If you encounter any problems, please get in touch with our customer service in time through the online customer service portal on the WEB or APP. Thanks for your support for Pionex.
Pionex Team
April 21st, 2025