Arbitrage has been upgraded to a flexible product

Dear Users,

To provide you with better quality trading services, the Pionex Funding Rate Arbitrage has been transformed into a flexible product. You can now deposit and withdraw at any time.

Please note:
• To use the Flexible Arbitrage, please update your version to 20314000 or higher.
• The original 7-day fixed-term arbitrage will be automatically replaced by the flexible product. Additionally, your existing investments will automatically shift to the flexible product.
• Redemption rules are as follows:
    ◦ After 7 days, Pionex will waive both the opening and closing position fees (Investment*0.2%).
    ◦ If you redeem between 1-7 days, Pionex will waive the closing position fee (Investment*0.1%). The standard opening position fee (Investment*0.1%) will be applied.
    ◦ If you redeem within 1 day, the standard opening and closing position fees (Investment*0.2%) will be charged.
• Your investment period in the 7-day fixed product will be carried over to the flexible product. Moreover, for orders redeemed during the version update from 2024/04/03 17:00 to 2024/04/07 24:00 (UTC+8), Pionex will subsidize the opening and closing position fees.

Risk warning:
Trading cryptocurrencies carries significant risks. Please exercise caution when purchasing and be mindful of trading risks. While Pionex carefully selects quality cryptocurrencies, we do not guarantee, compensate, or assume responsibility for any of your trading activities.

Thank you for your continuous support for Pionex.

Pionex Team
April 3rd, 2024