BitMEX Announces Change in Display Method for NOTUSDTK24
BitMEX, a leading cryptocurrency trading platform, announced that effective from 09:55 UTC on May 17, NOTUSDTK24’s display method will be changed to fair price display. This significant change was possible because the platform has built a powerful index representing the spot price of NOT.
.BNOTT Index Introduction
NOT tokens are now priced according to the .BNOTT index. This innovative index does not include prices from leading cryptocurrency exchanges such as Binance, OKX, Bybit and Gate.io. The introduction of the .BNOTT index ensures a more accurate and fair price for NOT tokens.
Remove price protection
Along with these changes, BitMEX noted that cap and limit price protections have been removed. This move marks the transition of BitMEX’s NOTUSDTK24 trading pair to an open and unrestricted trading environment.
BitMEX urges users with questions about this change to contact support for assistance.
Impact on BitMEX users
Changing NOTUSDTK24’s display method to fair price display is expected to provide a more transparent and fair trading experience for BitMEX users. This reflects BitMEX’s commitment to continuously improve its platform and provide excellent services to its global user base.
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