LMEX has a spam order prevention mechanism in the matching engine. The goal is to ensure the matching engine is protected from malicious players sending numerous small orders and to ensure a high matching performance for majority of the users.
How the spam order detection mechanism works:
- Any orders with a notional value below 5 USDT will be marked as spam orders.
- Transacted spam orders will be subject to a taker fee, even if placed as a maker order.
- If the order type includes "post-only”, the order will be rejected by the order book.
Accounts marked as spam may have limitations placed on the account, including order rate limits, position limits, or have API functions disabled. For questions regarding the spam order mechanism, please email support.
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