Binance rolls out self-trade prevention for spot and margin trading

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Binance crypto exchange will fully roll out the self-transaction prevention function for all users of spot and margin trading on Oct. 26.

Introduced in January 2023, Binance’s STP functionality is designed to block the execution of an order if it would result in a self-trade.

Binance will fully roll out the self-transaction prevention function for all users of spot and margin trading on Oct. 26, the firm Once the STP feature is live, users will be able to check what orders have expired due to the STP function on the Binance official website, Binance App and Binance Desktop App through the transaction history page, the announcement notes.in January 2023, Binance’s STP functionality is designed to block the execution of an order if it would result in a self-trade.

 

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