Due to market volatility on FTT, WOO X will adjust FTT Trading services as below:
- Spot: Spot trading for FTT will not be affected.
- Phase 1: 2022-11-09 10:00 UTC: Suspend shorting
- Phase 2: 2022-11-09 14:00 UTC: The collateral Ratio of FTT will change from 0.6 to 0.3
- Phase 3: 2022-11-10 08:00 UTC: The collateral Ratio of FTT will change from 0.3 to 0
- Futures: Futures trading for FTT will not be affected. Traders who wish to short FTT can still trade on FTT-PERP.
Please prepare in advance and adjust your FTT negative positions accordingly, and note that the collateral ratio change will directly affect the liquidation price.
We will provide more information and make announcements if there are any changes.
※ Note: Users should be aware of the associated risks before trading. WOO X is not responsible for any losses resulting directly or indirectly from trading.
WOO X Team