Binance spot and margin trading platforms fully launch self-transaction prevention (STP) function

Odaily News According to an official announcement, the Binance spot and margin trading platform will launch the self-transaction prevention (STP) function to all users at 16:00 on October 26, 2023 (Eastern Eighth District time). The STP function will automatically prevent the execution of self-executed orders, aiming to help users avoid unnecessary self-executed orders and related transaction fees. Binance will provide three STP modes, among which Binance spot and leverage will use EXPIRE_MAKER by default as the self-dealing prevention mode for all trading pairs and orders.