Self Trade Prevention (STP) – Self Trade Prevention is a mechanism used by exchanges to prevent users from accidentally trading against themselves. This situation, known as self-trading, occurs when a user’s own orders match each other in the order book. STP is particularly important for maintaining a fair and transparent trading environment, as it helps prevent market price manipulation and ensures that trading activity accurately reflects genuine market interest.n On Binance, Self Trade Prevention (STP) prevents users’ orders or their “tradeGroupId” from matching their own.n For spot trading on Binance, the SPT algorithm in the MoonBot terminal is currently as follows: it cancels a Buy order when attempting to buy from itself and cancels a Buy order when attempting to sell to itself.
The Binance exchange has implemented Self Trade Prevention (STP) mechanism, how is it taken into account in the MoonBot terminal?
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General questions