1. What is Price Protection?
Price Protection protects your open orders from extreme market movements and abnormal trading activities. For instance, when the Last price and the Mark Price of a Futures contract exceeds a predetermined threshold that could potentially trigger a stop-loss/take-profit order, the Price Protection function will prevent the stop-loss/take-profit order from being triggered.
You can enable/disable the Price Protection function for individual order. You’ll only see the Price Protection function on the trading interface when it’s activated. Please note that orders placed via API won’t be affected by the Price Protection function.
The price protection feature on CoinTR is enabled by default.
You can view the Price Protection threshold in Trading Rules.
2. How to enable Price Protection?
Price Protection is available on the CoinTR website, App, and API. You can apply it to all order types and enable/disable it anytime.
If you want to activate Price Protection for both USDⓈ-M and COIN-M Futures, you'll need to configure it individually on their respective trading interfaces.
If you’re using the CoinTR website:
Log in to your CoinTR account and click the [perference] icon on the upper right corner.
Tap [Price Protection]. Toggle the button to enable/disable it.
If you’re using the CoinTR App:
Log in to your CoinTR account and go to [Futures]. Tap [...] - [Future Settings]. Tap [Price Protection]. Toggle the button to enable/disable it.