Binance to Implement Spot Price Range Execution Rule

According to the announcement from Binance, the Spot Price Range Execution Rule (PRER) will be gradually introduced starting on 2026-04-14. This new feature aims to ensure that trading occurs at prices reflecting a fair and orderly market by allowing order execution only within a dynamic price range. The mechanism is designed to prevent user orders from being executed at abnormal prices during extreme market conditions. The PRER restricts orders to execute only against liquidity priced within specified ranges, thereby preventing executions when prices deviate significantly due to abnormal activity. Under normal market conditions, this mechanism will not affect daily transactions. Key features of the Spot Price Range Execution Rule include the expiration of all order types acting as a taker with execution prices outside the specified range, protection of the market from large, rapid price movements, and maintenance of fair and orderly market conditions during periods of unusual volatility. Binance emphasizes that while the Price Range Execution Rule is designed to support fair and orderly market conditions, it does not eliminate the risks associated with trading in virtual assets. Users are advised to conduct their own research and seek independent professional advice before making any trading decisions. Binance reserves the right to modify, suspend, or discontinue the Price Range Execution Rule at its discretion. The introduction of this rule marks a significant step in enhancing the trading environment on the Binance platform, aiming to provide users with a more stable and secure trading experience.