To maintain a fair trading environment, BITLIV strictly prohibits users from engaging in illegal arbitrage through multiple accounts and devices. This article details the relevant regulations and the penalties the platform imposes for violations.
It is prohibited for users (as determined by the system through multi-dimensional feature recognition) to use multiple accounts and devices for illegal arbitrage (including but not limited to fee brushing, rebates, bonuses, hedging, etc.). The platform will take corresponding measures against users detected by the system for illegal arbitrage, including but not limited to:
Blocking accounts
Freezing assets
Restricting logins
Restricting real-name authentication
In order to protect the normal trading experience of ordinary users, the platform reserves the right to take the following measures against users detected by the system for using ultra-short-term transactions (frequent opening and closing of ultra-short-term positions):
Immediately terminate your account and access to our servers, and deduct illegal income
Determine all transactions that constitute ultra-short-term trading activities as invalid (i.e., treat the transactions as if they never occurred)
Close all transactions that constitute ultra-short-term trading activities based on our current market prices
Increase your holding time (i.e., you can only close your position after holding it for a specified period)
BITLIV strictly prohibits unfair trading practices. BITLIV reserves the right to exercise executive control over your account at its sole discretion if you engage in the following activities:
Engaging in price manipulation or any other malicious market behavior
Potentially harming other users or BITLIV by exploiting loopholes in the service or other unreasonable means
Engaging in any other activities that BITLIV deems harmful to the market
Using multiple devices and accounts to swipe fees, rebates, bonuses, hedging, etc.
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