Pionex Updates the Funding Rate Settlement Frequency of BANUSDT Perpetual Contract

Dear User,

Pionex updated the funding rate settlement frequency of the BANUSDT perpetual contract at 05:00 on January 27th, 2025 (UTC).

Detail Information:

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 contracts 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 side. I appreciate your support of Pionex all the time!

Pionex team
January 27th, 2025