Binance, the world's largest cryptocurrency exchange, has announced that it will suspend the Market Order – Total feature for certain Spot and Margin trading pairs until further notice on May 7, 2023 at 12:00 Turkish time.
The Market Order – Total feature allows users to place market orders by specifying the total amount of currency they want to spend or buy, rather than the amount of base currency they want to buy or sell.
For example, if a user wants to buy Bitcoin with USDT, they can use the Market Order – Total feature to enter how much USDT they want to spend and the system will automatically calculate how much Bitcoin to buy at the current market price.
The suspension will affect the following trading pairs in the Spot, Isolated Margin and Cross Margin markets (where applicable):
Binance did not specify when the feature will be relaunched.
*Not investment advice.