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      MEXC XVG USDT-M Futures Funding Rate Settlement Frequency Adjustment (July 11)

      Dear MEXCers,

      From 08:30, July 11, 2023 (UTC) onwards, MEXC Futures will be adjusting the funding rate settlement frequency of XVGUSDT USDT-M futures to once every 8 hours. Details are as follows:

      Time (UTC)

      XVGUSDT Futures Maximum Funding Rate

      16:00, July 11, 2023

      +2.50% / -2.50%

      00:00, July 12, 2023

      +2.50% / -2.50%

      08:00, July 12, 2023

      +2.50% / -2.50%

      16:00, July 12, 2023

      +2.50% / -2.50%

      ……

      +2.50% / -2.50%

      For the latest funding rate details, please refer to Information - Funding Rate History.

      Note:

      1. The settlement frequency mentioned above may be further adjusted. Please stay tuned to the latest announcements.

      2. Users are advised to refer to the updated funding rate before placing orders. For existing orders, please adjust your position and margin accordingly to prevent liquidation.

       

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      Enjoy trading on MEXC.

      MEXC Team

      11 July 2023



      Read the original article at mexc

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