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BIT to Delist Part of USD-M Contracts and Migrate to USDT-M Contracts
BIT to Delist Part of USD-M Contracts and Migrate to USDT-M Contracts
Updated over a week ago

Dear BIT users,

To provide better service, BIT will gradually delist part of the USD perpetual contracts and re-list them in the form of USDT perpetual contracts starting from September 15, 2023. A total of 41 contracts will be involved in this migration, which will be conducted in three batches. Please refer to the table below for details.

We recommend that you close your positions in USD contracts before delisting to avoid automatic close of your positions.

The perpetual contracts migration list is as follows:

Migration Batch

Perpetual Contracts

Delisting USD Perpetual Contracts Time

Listing USDT Perpetual Contracts Time

1

1000PEPE

AAVE

AXS

LDO

MASK

SUSHI

ZEC

APT

AVAX

CHZ

GRT

LRC

TRX

September 15, 2023, at 7:30 (UTC)

September 21, 2023, at 4:00 (UTC)

2

OP

SUI

APE

DOT

DYDX

ETC

NEAR

SAND

XLM

FLOKI

FTM

MANA

SHIB

FIL

September 22, 2023, at 7:30 (UTC)

September 25, 2023, at 4:00 (UTC)

3

BCH

LTC

RSS3

TONCOIN

CRV

BNB

DOGE

ADA

SOL

ALGO

MATIC

GMT

MKR

XRP

September 28, 2023, at 7:30 (UTC)

Oct 1, 2023, at 4:00 (UTC)


Please note:

During the contract delisting period the market could be volatile. To avoid unnecessary losses, please ensure that you close the delisting USD contracts positions and cancel open orders before 15:30 (UTC+8) on the delisting day.

  1. If you still have any open orders for USD perpetual contracts at the time of delisting, the system will automatically cancel them.

  2. After the delisting of USD perpetual contracts, if you still hold positions in those contracts, these positions will be automatically closed. The closing price will be calculated as the arithmetic average of the index price from 15:30 to 16:00 (UTC+8) on the delisting day.

  3. Under the borrow mode of the UM account, you could open positions of USDT margined contracts with USD as collateral.

  4. If you have any questions, please contact BIT's online customer support, available 24/7.

Risk Warning

Due to the extremely volatile price of cryptocurrencies and the risks associated with trading, please make sure you understand the risks associated with trading cryptocurrencies and use caution. BIT is not responsible for your trading losses.

Thank you for your support!

The BIT Team

Sep 8, 2023

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