Binance spot and margin trading platform has fully launched the self-trade prevention (STP) function.

According to an official announcement on October 11th by BlockBeats, Binance's spot and margin trading platform will launch a Self-Trade Prevention (STP) feature to all users on October 26th, 2023 at 16:00 (GMT+8). The STP feature will automatically prevent the execution of self-trading orders, aiming to help users avoid unnecessary self-trades and related trading fees. Binance will offer three STP modes, with "EXPIRE_MAKER" being the default self-trade prevention mode for all trading pairs and orders on Binance's spot and margin trading platform.