Strategy Trading Disclaimers
The Strategy Trading Disclaimers are inseparable parts of our User Registration Agreement, and these documents should be read together and have the same meaning when used herein.
Time-Weighted Average Price Algorithm (TWAP)
Users can choose whether to use Time-Weighted Average Price Algorithm (TWAP) to place orders of spot or futures. The risks associated with using the Time-Weighted Average Price Algorithm (TWAP) also reside with the user, not CoinTR.If the market price moves considerably or liquidity is insufficient during the execution of an order, the algorithm may not achieve full completion. Thus, execution is and will always be liquidity-dependent with no guarantee for best price execution.
CoinTR provides a variety of risk mitigation measures, including slippage limit, order termination, etc. Under various circumstances, including market interruption or system failure, these control measures may lead to early termination of your TWAP order in the unfilled state. You should understand the risks associated with strategy trading and measure whether to use the current function.
Crypto Assets Trading
Crypto assets are volatile products with a high risk which can result in a loss of all or part of the assets you have. You should trade based on your financial situation, experience level and risk preference. Before making a transaction, you have fully recognized and accepted the above risks.