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      Binance Spot Launches Self-Trade Prevention (STP) Function on API

      Fellow Binancians,
      Binance Spot will launch the Self-Trade Prevention (STP) function, effective from 2023-01-26 08:00 (UTC). Please note that this function is only available via API. Users on Binance Web, Binance App and the Binance Desktop App will not be affected.
      Please note:
      • The STP function is optional and only available via API. Users may proceed to the API Change Log to learn how to utilize this function.
      • Please be aware that the STP function takes effect only after it is enabled.
      • This optional API Order feature will allow users to set an STP parameter for each spot order to determine the consequences of a potential self-trade.
      • There will be no impact to users who do not use this feature.
      • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
      For further API enquiries, please reference or seek community assistance at the Binance Developer homepage.
      Further information:
      • Introducing Our New Self-Trade Prevention (STP) Function for Spot Trading via API on Binance
      • API Change Log
      Thanks for your support!
      Binance Team
      2023-01-25
      Trade on-the-go with Binance’s crypto trading app (iOS/Android)
      Find us on
      Telegram: https://t.me/binanceexchange
      Twitter: https://twitter.com/binance
      Facebook: https://www.facebook.com/binance
      Instagram: https://www.instagram.com/binance
      Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
      Risk Warning: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.
      Read the original article at binance

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