Title: Binance Strengthens Trading Integrity With Mandatory STP Function for All Futures Users

Binance is implementing mandatory Self-Trade Prevention (STP) for all Futures users starting December 10, 2024, to enhance trading integrity and compliance. The STP feature is designed to prevent unintentional self-trades and reduce trading fees and compliance issues. The default STP mode for all orders on Binance Futures will be “EXPIRE_MAKER.” Users might experience temporary disconnections with the Futures WebSocket API during implementation, which is expected to last 24 hours.

API users can select other STP modes by including the “selfTradePreventionMode” parameter in their API orders. This move by Binance aligns with regulatory expectations and promotes trust in the cryptocurrency market by ensuring fair trading practices.

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