BingX exclusive Guaranteed Price (GTD Price) mechanism is now upgraded and applicable to both Trigger order and SL order, supporting more trading pairs. This enhancement ensures a smoother Perpetual Futures trading experience for you!

Try It Now:
👉🏻 BingX Website: https://swap.bingx.com/BTC-USDT
👉🏻 BingX App: Please update your app to version 3.63.0 or above. (The listing time on different application stores may vary, please wait patiently).

In the following sections, we will introduce this feature from three aspects:

  • What is Guaranteed Price? What are its advantages?
  • Which pairs are BingX Guaranteed Price available for?
  • How to place a Guaranteed Price order on BingX web and app?

 

1. What is Guaranteed Price? What are its advantages?

Introduction: Guaranteed Price helps resolve the slippage issue for users. It ensures your order is filled at your preset price, regardless of drastic market fluctuations. It protects your trades and helps avoid unnecessary losses.

Applicable Futures Type: Perpetual Futures

Applicable Order Type:

1. Trigger order

Ensure the actual filled price is the same as the preset order price once the trigger order is triggered.

2. Stop loss order (Guaranteed SL):

Ensure the actual close price is the same as the preset order price once the SL order is triggered.

Notes:

The Guaranteed Price feature comes with a fee, and once you use this feature, BingX will bear the risk of slippage for you.

Please note that BingX Guaranteed Price does not charge upfront, but only charges a certain fee based on the trading volume when it is triggered (limited-time special offer for this feature).

  

Here is an example to help you understand the advantages of Guaranteed Price feature, using Guaranteed SL as an example:

Three traders decide to go long on 0.5 BTC when the market price is 26,500 USDT. However, a flash crash occurs, causing the market price to plummet to 25,472.7 USDT.Each trader has a different risk management strategy, resulting in different outcomes for the same trade:

 
Trader
A
B
C
Stop Loss Method
SL market order
SL limit order
Guaranteed SL
Preset Stop Loss Price
25,840.0 USDT
25,840.0 USDT
25,840.0 USDT
Actual Stop Loss Price
25,472.7 USDT
None
25,840.0 USDT
Loss
1,027.3 USDT
([26,500 - 25,472.7] * 1)
Unknown
660 USDT
([26,500 - 25,840] * 1)
Case Analysis
SL market order is a market order that ensures the order is executed as quickly as possible, but it does not guarantee the filled price. Therefore, in the case of a sharp rise and fall in the market, the trader's order is eventually executed at the market price of 25,472.7.
SL limit order is a stop-loss set using a limit order. In the event of sharp market fluctuations, where the market price quickly moves beyond the predetermined price, it may result in the incomplete execution of the placed order.
Guaranteed SL order ensures that your position is always closed at your preset price. Therefore, the trader's order will be executed at precisely 25,840.0 regardless of market volatility or price gaps.
 
*Please note that this calculation process is a simplified example and does not include trading fees.
 
 
 

3. Which pairs are BingX Guaranteed Price available for?

Guaranteed Price currently only supports Perpetual Futures. Available trading pairs are as follows:
We are having a special offer for this feature now: the Guaranteed Price can be applied with discounted fees for a limited time! This means that you can try out this feature at an exceptionally favorable rate.
Please refer to official announcements from BingX for the specific end date of the promotion.
Notes:
1. BingX reserves the right to adjust the fees for Guaranteed Price feature or suspend it for certain trading pairs based on market conditions. Please refer to the trading interface for latest updates on supported trading pairs and fees.
2. Users engaging in arbitrage through malicious use of the Guaranteed Price feature will be deemed in violation. Appropriate measures will be taken, which can include restrictions on adjustment factors, fees, trading pairs on Guaranteed Price, and even the suspension of the feature.
3. To ensure the user experience when using the Guaranteed Price feature, starting from 2023-11-09, the Guaranteed SL feature will only apply to stop-loss scenarios. Orders must meet the following conditions: the trigger price for a long position stop-loss is lower than the average open price, or the trigger price for a short position stop-loss is higher than the average open price.
  Trading Pair Fee Rate
1 BTC/USDT 0.0100%
2 ETH/USDT 0.0100%
3 LINK/USDT 0.0100%
4 BCH/USDT 0.4000%
5 EOS/USDT 0.0500%
6 ADA/USDT 0.0100%
7 XRP/USDT 0.0200%
8 LTC/USDT 0.0100%
9 DOT/USDT 0.0200%
10 AVAX/USDT 0.0200%
11 THETA/USDT 0.2000%
12 ALGO/USDT 0.1000%
13 AXS/USDT 0.0200%
14 DYDX/USDT 0.0500%
15 OMG/USDT 0.2000%
16 CELR/USDT 0.0700%
17 MATIC/USDT 0.0100%
18 SHIB/USDT 0.0400%
19 ICP/USDT 0.0300%
20 SAND/USDT 0.0300%
21 KSM/USDT 0.0500%
22 VET/USDT 0.0600%
23 SUSHI/USDT 0.0500%
24 SOL/USDT 0.4000%
25 NEAR/USDT 0.0400%
26 ATOM/USDT 0.0200%
27 UNI/USDT 0.0200%
28 FIL/USDT 0.0300%
29 AAVE/USDT 0.0200%
30 DOGE/USDT 0.0100%
31 ENJ/USDT 0.0400%
32 MANA/USDT 0.0300%
33 CHZ/USDT 0.0800%
34 TRX/USDT 0.0100%
35 ZRX/USDT 0.0500%
36 SNX/USDT 0.0400%
37 FTM/USDT 0.0400%
38 CRV/USDT 0.2000%
39 LRC/USDT 0.0500%
40 YFI/USDT 0.0300%
41 MKR/USDT 0.0300%
42 1INCH/USDT 0.0300%
43 COMP/USDT 0.0300%
44 REN/USDT 0.0300%
45 GRT/USDT 0.0300%
46 MASK/USDT 0.0300%
47 ENS/USDT 0.0600%
48 BAT/USDT 0.0500%
49 STORJ/USDT 0.4000%
50 IMX/USDT 0.0500%
51 XLM/USDT 0.0200%
52 XMR/USDT 0.0300%
53 WAVES/USDT 0.0300%
54 ONT/USDT 0.0600%
55 ONE/USDT 0.1000%
56 EGLD/USDT 0.0400%
57 HBAR/USDT 0.0300%
58 CELO/USDT 0.2000%
59 KAVA/USDT 0.0300%
60 BNB/USDT 0.0100%
61 GALA/USDT 0.0600%
62 YGG/USDT 0.0500%
63 CHR/USDT 0.0200%
64 APE/USDT 0.0200%
65 KNC/USDT 0.0400%
66 ZIL/USDT 0.0500%
67 FLOW/USDT 0.2000%
68 KLAY/USDT 0.2000%
69 GMT/USDT 0.0600%
70 RUNE/USDT 0.4000%
71 RVN/USDT 0.0600%
72 NEO/USDT 0.0300%
73 IOST/USDT 0.0400%
74 ETC/USDT 0.0400%
75 ROSE/USDT 0.0500%
76 MINA/USDT 0.4000%
77 CFX/USDT 0.0200%
78 API3/USDT 0.0900%
79 AGLD/USDT 0.0500%
80 AUDIO/USDT 0.0600%
81 SLP/USDT 0.4000%
82 LINA/USDT 0.0900%
83 JASMY/USDT 0.0300%
84 CTK/USDT 0.0500%
85 PEOPLE/USDT 0.1000%
86 GAL/USDT 0.0500%
87 ANKR/USDT 0.0500%
88 WOO/USDT 0.0300%
89 OGN/USDT 0.4000%
90 HOT/USDT 0.0900%
91 LUNC/USDT 0.0500%
92 LUNA/USDT 0.1100%
93 OP/USDT 0.0200%
94 FLM/USDT 0.1300%
95 ICX/USDT 0.0500%
96 LDO/USDT 0.0200%
97 STG/USDT 0.0400%
98 INJ/USDT 0.0200%
99 APT/USDT 0.0200%
100 QNT/USDT 0.0400%
101 ARPA/USDT 0.0300%
102 SFP/USDT 0.0100%
103 OCEAN/USDT 0.0300%
104 MAGIC/USDT 0.0300%
105 FET/USDT 0.0500%
106 HOOK/USDT 0.1200%
107 GTC/USDT 0.1000%
108 UNFI/USDT 0.0400%
109 FXS/USDT 0.0500%
110 USTC/USDT 0.0800%
111 RNDR/USDT 0.4000%
112 AGIX/USDT 0.0500%
113 GMX/USDT 0.0400%
114 HIGH/USDT 0.0800%
115 BNX/USDT 0.0500%
116 COTI/USDT 0.0300%
117 ASTR/USDT 0.0500%
118 DUSK/USDT 0.0500%
119 BLUR/USDT 0.0500%
120 PHB/USDT 0.0400%
121 STX/USDT 0.0300%
122 ACH/USDT 0.0600%
123 DODO/USDT 0.0500%
124 TRB/USDT 0.4000%
125 FLOKI/USDT 0.0500%
126 LIT/USDT 0.1300%
127 ZEN/USDT 0.0500%
128 RLC/USDT 0.0500%
129 LPT/USDT 0.0300%
130 ATA/USDT 0.1200%
131 BLZ/USDT 0.0500%
132 AMB/USDT 0.0100%
133 STMX/USDT 0.0300%
134 XEM/USDT 0.0300%
135 DAR/USDT 0.1100%
136 IOTA/USDT 0.0600%
137 SSV/USDT 0.0600%
138 TLM/USDT 0.1000%
139 REEF/USDT 0.0700%
140 TWT/USDT 0.1200%
141 SXP/USDT 0.0500%
142 TOMO/USDT 0.0500%
143 TRU/USDT 0.0500%
144 LQTY/USDT 0.4000%
145 USDC/USDT 0.0100%
146 ID/USDT 0.0500%
147 ARB/USDT 0.0100%
148 JOE/USDT 0.0400%
149 EDU/USDT 0.0300%
150 SUI/USDT 0.0200%
151 ORDI/USDT 0.0500%
152 RAD/USDT 0.0700%
153 UMA/USDT 0.0700%
154 IDEX/USDT 0.0500%
155 KEY/USDT 0.0300%
156 COMBO/USDT 0.0500%
157 MAV/USDT 0.0500%
158 MDT/USDT 0.0500%
159 WLD/USDT 0.4000%
160 PENDLE/USDT 0.0300%
161 ARKM/USDT 0.4000%
162 OXT/USDT 0.0500%
163 BNT/USDT 0.4000%
164 CYBER/USDT 0.0500%
165 SEI/USDT 0.0800%
166 1000PEPE/USDT 0.4000%
  
  

4. How to place a Guaranteed Price order on BingX web and app?

1. Trigger order

Select Trigger and then check the "GTD Price" option when opening or closing a position.

截屏2023-08-25 15.21.58.png

2. TP/SL order (Guaranteed SL)

You can set Guaranteed SL before and after opening a position. Simply go to the TP/SL section, and after checking the "Stop Loss" option, turn on "Guaranteed SL".
output (2).png
*Please note: Once a Guaranteed SL order is placed, its parameters cannot be modified.