Management System for Maintaining Normal Trading Order at Miniex
Dear Miniex Users,
To create a fair, just, and transparent digital asset trading environment, protect the legitimate rights and interests of platform users, maintain market trading order, and prevent and curb abnormal trading behaviors that disrupt the market and harm user interests, Miniex has established and strictly implements relevant management systems. We will utilize systematic and intelligent technological means to monitor and manage abnormal trading accounts through multidimensional feature recognition and analysis of trading behavior, taking appropriate measures based on the severity of the abnormal behavior.
Miniex is committed to providing users with a safe and stable trading environment, but we also need your cooperation to comply with market trading rules and jointly maintain a healthy trading order.
I. Definition and Types of Abnormal Trading Behavior
The following behaviors are recognized by the Miniex system as abnormal trading behaviors that may harm market fairness and platform stability:
1. High-Frequency Wash Trading
A single account conducts more than 30 trades within a day at an abnormal trading frequency, seriously disrupting market order.
2. Short-Term Violations
Users quickly open and close positions within 3 minutes, engaging in high-frequency short-term trading to profit from very short-term price fluctuations, disturbing the market environment.
3. Arbitrage on Low-Volume Coins
Utilizing price differences in low-volume coins on different platforms for arbitrage, which may lead to abnormal market liquidity fluctuations.
4. Abnormal Converging Trades
Multiple accounts showing the same IP address and highly similar trading behavior, indicating potential market manipulation through multiple accounts.
5. Associated Account Trading
Engaging in violations through multiple associated accounts, such as claiming bonuses, transferring funds, or inflating trading volume, which harms other users' rights.
6. A/B Position Hedging
Simultaneously holding similar positions on the same or different platforms (i.e., hedging), profiting from price fluctuations without risk, disrupting market stability.
7. Market Price Manipulation
Maliciously manipulating market conditions through large orders and cancellations to influence price movements for abnormal profits, severely undermining market fairness.
8. Exploiting System Vulnerabilities for Profit
Intentionally exploiting technical or regulatory loopholes in the platform for arbitrage or other trading activities, harming platform interests and infringing on other users’ rights.
II. Measures for Handling Abnormal Trading Behavior
In response to the above abnormal trading behaviors, Miniex will take the following measures based on the severity, nature, and impact of the behaviors:
1. Warning Notifications
For minor abnormal trading behaviors, the system will automatically identify and issue friendly reminders to users to standardize their trading behavior.
2. Limiting Trading Permissions
For accounts with repeated abnormal trading behaviors, the platform will restrict trading functions until the user submits a reasonable explanation and rectifies the situation.
3. Stopping Rebate Payments
For accounts that gain improper benefits (such as rebate rewards) through abnormal trading behaviors, the platform has the right to immediately stop rebates and reclaim any issued rewards.
4. Confiscating Improper Gains
If an account profits through improper trading activities, the platform has the right to confiscate those funds and take further action.
5. Freezing Funds or Accounts
For behaviors that severely disrupt market order or harm platform and other users' interests, the platform will freeze account funds or permissions until the issue is resolved.
6. Permanent Account Ban
In cases of particularly serious violations, repeated infractions, or causing severe negative impacts, the platform has the right to permanently ban the relevant accounts and reserve the right to pursue legal liability.
III. Miniex's Management Principles and Rights
1. Intelligent Recognition and Dynamic Monitoring
Miniex employs advanced monitoring technology to dynamically analyze account trading behavior. The system identifies abnormal trading behaviors through multidimensional features (including but not limited to trading frequency, volume, IP addresses, associated accounts, etc.) and takes timely measures.
2. Final Interpretation Rights
Miniex reserves the final determination rights regarding whether trading behavior constitutes an abnormality and can take necessary measures based on specific circumstances.
3. User Appeal and Explanation Rights
If users have questions regarding the identification of abnormal account behavior, they can contact the platform's online customer service for clarification. Users must provide relevant proof and cooperate with the platform’s investigation, which will reevaluate based on actual circumstances.
4. Maintaining Market Fairness
Miniex adopts a zero-tolerance policy towards any attempts to disrupt market order or gain improper benefits through unfair means. The platform will continue to optimize management systems and technological means to ensure fairness and security in market trading.
IV. Special Notes
1. The specific parameters mentioned in this announcement (such as trading volume, time intervals, etc.) are reference standards only; the platform will evaluate based on multidimensional data.
2. Users must strictly adhere to the platform's trading rules and management systems, avoiding any violations.
3. Miniex reserves the final explanation and handling rights regarding abnormal trading behaviors and may pursue legal action as necessary.
V. User Responsibilities and Reminders
1. Users are encouraged to comply with platform rules, standardize trading behavior, and avoid account restrictions or financial losses due to violations.
2. The platform advises users to plan trading strategies reasonably based on their trading needs and risk tolerance, avoiding overly frequent or high-risk trading patterns.
3. If you have any questions regarding your account status or platform rules, please contact customer service promptly for assistance.
Miniex is committed to the principle of "Fairness, Transparency, and Compliance," providing high-quality trading services to users. We appreciate the trust and support of every user! Miniex will continue to rigorously combat any behavior that disrupts market order and is dedicated to maintaining a healthy market environment, providing all users with a stable, secure, and reliable trading platform.
Mini Exchange