Exchange Trading Rules
Rules and regulations for trading on BitTest Platform
Table of Contents
1General Trading Rules
These trading rules govern all trading activities on BitTest Platform. All users must comply with these rules to maintain fair and orderly markets.
By using our trading platform, you agree to abide by these rules and acknowledge that violations may result in account suspension or termination.
2Order Types and Execution
Our platform supports various order types to meet different trading strategies and risk management needs.
Market Orders
- • Execute immediately at current market price
- • No price guarantee, subject to slippage
- • Best for immediate execution needs
- • May not be available during high volatility
Limit Orders
- • Execute only at specified price or better
- • Price protection against adverse moves
- • May not execute if price not reached
- • Good for specific entry/exit points
Stop Orders
- • Triggered when price reaches stop level
- • Convert to market order when triggered
- • Risk management tool
- • May not prevent all losses
Stop-Limit Orders
- • Combines stop and limit order features
- • Triggers at stop price, executes at limit
- • Price protection with execution control
- • More complex but flexible
3Trading Hours and Sessions
Our exchange operates 24/7 for most cryptocurrency pairs, with specific maintenance windows and trading halts as needed.
Regular Trading Hours
- Cryptocurrency Pairs: 24/7 continuous trading
- Fiat Pairs: 24/7 with occasional maintenance
- New Listings: May have restricted hours initially
Maintenance Windows
- Scheduled: Sundays 2:00-4:00 AM UTC
- Emergency: As needed with 30-min notice
- Updates: Advanced notice provided
4Price Limits and Circuit Breakers
To protect market integrity and prevent excessive volatility, we implement price limits and circuit breakers.
Price Protection Mechanisms
- Daily Price Limits: ±20% from previous close
- Circuit Breakers: 5-minute halt at ±10% move
- Order Size Limits: Max 10% of daily volume
- Volatility Pauses: Automatic during extreme moves
- Kill Switch: Emergency halt capability
- Dynamic Limits: Adjusted based on volatility
5Margin Requirements
Margin trading allows you to trade with borrowed funds, but requires maintaining minimum equity levels.
Margin Requirements by Asset
| Asset | Initial Margin | Maintenance Margin | Max Leverage |
|---|---|---|---|
| BTC/USDT | 10% | 5% | 10x |
| ETH/USDT | 15% | 7.5% | 6.67x |
| Altcoins | 20% | 10% | 5x |
| New Listings | 50% | 25% | 2x |
6Position Limits
Position limits are designed to prevent excessive concentration and maintain market stability.
Account-Based Limits
- Maximum Position Size: $1M per asset
- Total Exposure: $5M across all positions
- Leverage Cap: 10x maximum
Market-Based Limits
- Daily Volume: Max 10% of total volume
- Order Size: Max 5% of daily volume
- Concentration: Max 25% in single asset
7Prohibited Activities
The following activities are strictly prohibited and may result in immediate account termination.
Strictly Prohibited Activities
- Market manipulation and price fixing
- Wash trading and circular trading
- Spoofing and layering orders
- Front-running and insider trading
- Creating artificial price movements
- Coordinated trading activities
- Using automated systems to circumvent limits
- Any form of fraudulent activity
8Market Manipulation
We actively monitor for and prohibit all forms of market manipulation to ensure fair and orderly markets.
Detection Methods
- Real-time monitoring of trading patterns
- Analysis of order book dynamics
- Cross-reference with multiple data sources
- Machine learning algorithms for pattern detection
Enforcement Actions
- Immediate order cancellation
- Temporary trading restrictions
- Account suspension or termination
- Legal action and reporting to authorities
9Settlement and Clearing
All trades are settled and cleared according to our established procedures to ensure timely and accurate execution.
Settlement Process
Trade Execution
Orders matched and executed instantly
Confirmation
Trade details confirmed and recorded
Settlement
Funds and assets transferred to accounts
10Dispute Resolution
We have established procedures for resolving trading disputes fairly and efficiently.
Resolution Process
Initial Review
Submit dispute within 30 days of trade execution
Investigation
Our team reviews trade data and market conditions
Resolution
Decision communicated within 5 business days
Appeal
External arbitration available if needed
11Contact Information
For questions about trading rules or to report violations, please contact us:
Contact Information
Questions About Trading Rules?
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