Overview of the Maintenance Schedule
Please be advised that a scheduled maintenance for the demo trading platform will occur from 2:00 am to 10:00 am UTC on November 7, 2024. This update focuses on modifying contract sizes and minimum order quantities for multiple trading instruments. The objective is to align demo trading parameters with those active on the live trading environment, creating a more consistent and realistic testing experience for users.
During this maintenance window, trading services for the affected instruments will be temporarily suspended. All existing open positions on these demo contracts will be closed, and any pending orders will be automatically canceled. This may temporarily disrupt your trading strategies or bot testing routines. We recommend planning your activities around this scheduled downtime.
Detailed Changes to Contract Specifications
The following table outlines the specific adjustments being made to each instrument. The changes affect both the contract size (the amount of the underlying asset per contract) and the minimum order quantity (the smallest number of contracts you can trade).
| Instrument Type | Trading Pair | Previous Contract Size | Previous Min Order | New Contract Size | New Min Order |
|---|---|---|---|---|---|
| Expiry | BTC/USDC | 0.001 BTC | 1 contract | 0.0001 BTC | 1 contract |
| Expiry | ETH/USDC | 0.01 ETH | 1 contract | 0.001 ETH | 1 contract |
| Perpetual | ADA/USDT | 1 ADA | 0.1 contract | 100 ADA | 0.1 contract |
| Perpetual | ALGO/USDT | 1 ALGO | 1 contract | 10 ALGO | 1 contract |
| Perpetual | ATOM/USDT | 0.1 ATOM | 1 contract | 1 ATOM | 1 contract |
| Perpetual | AVAX/USDT | 0.1 AVAX | 0.1 contract | 1 AVAX | 0.1 contract |
| Perpetual | BCH/USDT | 0.01 BCH | 0.1 contract | 0.1 BCH | 0.1 contract |
| Perpetual | BNT/USDT | 1 BNT | 1 contract | 10 BNT | 1 contract |
| Perpetual | BSV/USD | 1 USD | 1 contract | 10 USD | 1 contract |
| Perpetual | BTC/USDC | 0.001 BTC | 1 contract | 0.0001 BTC | 1 contract |
| Perpetual | CATI/USDT | 10 CATI | 1 contract | 1 CATI | 1 contract |
| Perpetual | DOGE/USDT | 10 DOGE | 0.1 contract | 1000 DOGE | 0.1 contract |
| Perpetual | DOT/USDT | 0.1 DOT | 0.1 contract | 1 DOT | 0.1 contract |
| Perpetual | ETH/USDC | 0.01 ETH | 1 contract | 0.001 ETH | 1 contract |
| Perpetual | FIL/USD | 1 USD | 1 contract | 10 USD | 1 contract |
| Perpetual | GMT/USDT | 0.1 GMT | 1 contract | 1 GMT | 1 contract |
| Perpetual | HMSTR/USDT | 1000 HMSTR | 1 contract | 100 HMSTR | 1 contract |
| Perpetual | KNC/USDT | 10 KNC | 1 contract | 1 KNC | 1 contract |
| Perpetual | LTC/USD | 1 USD | 0.1 contract | 10 USD | 0.1 contract |
| Perpetual | SOL/USDT | 0.1 SOL | 0.01 contract | 1 SOL | 0.01 contract |
| Perpetual | ZETA/USDT | 1 ZETA | 1 contract | 10 ZETA | 1 contract |
Implications for Demo Account Users
This maintenance is a routine procedure to ensure the demo platform remains an effective sandbox for practicing trading strategies. The primary impact for users will be the temporary unavailability of the listed instruments. If you are utilizing automated trading bots for testing, you will need to pause them and reconfigure their parameters after the maintenance is complete to reflect the new contract sizes. This ensures your automated strategies will continue to function as intended with the updated specifications.
We understand that this may cause a temporary interruption to your activities and sincerely apologize for any inconvenience. These updates are essential for maintaining a high-quality and educational trading simulation environment. For a deeper understanding of how these changes might affect specific order types, you can explore more strategies for demo account trading.
Risk Awareness in Trading
All trading, even in a simulated environment, involves a foundational understanding of risk. The information provided here is for educational and informational purposes only. It is not intended to be, and should not be construed as, financial advice or a recommendation to trade.
- Digital assets are highly speculative and can be subject to significant price volatility.
- Markets can become illiquid, and investors should be aware that they could lose the value of their investment.
- It is crucial to conduct your own thorough research (DYOR) and understand your personal risk tolerance before engaging in any form of trading.
We encourage all users to familiarize themselves with general risk principles before using any trading platform.
Frequently Asked Questions (FAQ)
Q: Will my demo account balance be reset during this maintenance?
A: No, the maintenance only affects the specific instruments listed. Your demo account balance and any positions in non-affected instruments will remain unchanged. Only open positions and orders for the updated pairs will be closed and canceled.
Q: Why are these changes being made to the demo platform?
A: The updates are being implemented to align the demo trading environment more closely with the live trading platform. This ensures a more realistic and consistent testing experience, allowing users to practice with the same contract specifications they would encounter with real funds.
Q: What exactly happens to my open orders for these instruments?
A: All pending orders (e.g., limit orders, stop orders) for the affected trading pairs will be automatically canceled by the system at the start of the maintenance period. You will need to place new orders after the maintenance is complete.
Q: How long will the trading services be unavailable?
A: The maintenance window is scheduled for eight hours, from 2:00 am to 10:00 am UTC on November 7, 2024. Trading for the affected instruments will be suspended during this entire period.
Q: Do I need to update my trading bots?
A: Yes. If you have automated bots trading the affected pairs, you must adjust their configuration settings to account for the new contract sizes and minimum order quantities after the maintenance is finished. This will prevent potential errors in order placement.
Q: Where can I find the official terms and risk disclosures?
A: For comprehensive information on terms of service and detailed risk disclosures, always refer to the official documentation provided on the platform's website. This is a key step for anyone looking to get advanced methods for risk management.