Announcement on MEGABIT's slippage protection plan and abnormal transaction automatic risk control model

Dear Users,

To further enhance the trading experience and safeguard user interests, MEGABIT Exchange will officially implement the Latest Slippage Protection Plan (October 2024 Edition) and the Automated Abnormal Transaction Risk Control Model on November 1, 2024, at 00:00.

• Slippage Protection Plan: The latest October edition offers users more robust slippage protection, reducing the impact of extreme market conditions and providing a better trading experience.

•Anomaly Trading Automated Risk Control Model: This model will automatically identify and handle high-frequency and ultra-short-term trading, abnormal hedging activities, and other trades exploiting risk control loopholes. For transactions that trigger risk control mechanisms, the system will automatically reduce the commission fees for the associated accounts, minimizing the impact of risk control intervention on the user trading experience.

Thank you for your trust and support of MEGABIT! For more detailed information, please refer to the
MEGABIT Abnormal Transaction Risk Control Levels and Handling Measures (October 2024 Edition) 
MEGABIT Slippage Protection Plan (October 2024 Edition).

MEGABIT Team
Megabit Community