BaseFEX updates Risk Management Features

BaseFEX updates Risk Management Features

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Exchange platform, BaseFEX have made their users aware of updates to an important area of their service, Risk Management.

Any form of investment has inherent risk. The trick of the trade though is to ensure that the risk that is attached in minimised. At most exchange platforms, there will be risk management features that can be made use of in order to do this.

BaseFEX is no different and in an email distributed to their clients today, they have outlined new risk management features that could be of use to you going forward when trading on their platform These features have been implemented to three areas of their users account and preference settings to better ensure the safety of your funds.

In terms of user accounts, they have now added the ability to change your email address. While simultaneously fixing bugs, which will allow them to more smoothly set-up google authenticator for their accounts.

Elsewhere, in your account preferences, you will notice that they have separated your basic settings from trade setting. The purpose of which is to allow you to set up notifications that are better suited to your needs. They also added a feature that will see you be given a notification is there is unusual sign-in activity on your account.

Finally, the improvements to device management that has been made is the addition of a device management module. This includes new device authorisation, login history and the aforementioned unusual login activities notification, to name just a few things that will be contained within it. You should head over to BaseFEX now to see these new features and try them out for yourself.

This wasn’t the only news coming from the BaseFEX camp though. In the same email, the platform detailed update of the progress of their liquidation services.

They stated that despite the current market volatility that has been experienced over the last week or so, tight spreads and considerable depths were maintained on most of their pairs. As a result of this, the BNBXBT pair has reached a staggering daily turnover of 9million daily, with 1-2bps spread most of the time.

Exciting news ahead of the new year!

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