[Binance to Adjust BITOUSDT Perpetual Contract Face Value on November 19 Due to BITO ETF 1-for-2 Reverse Stock Split] BlockBeats reported on November 10 that, due to the 1-for-2 reverse stock split implemented by the ProShares Bitcoin ETF (BITO), Binance Futures will adjust the face value of the USDⓈ-M BITOUSDT perpetual contract starting at 09:00 (Beijing time) on November 19. The adjustment factor is 0.5, and it is expected to be completed by 11:30. This reverse stock split means that every 2 pre-split shares are combined into 1 post-split share, and the share price will increase proportionally. During the adjustment period, trading in BITOUSDT perpetual contracts will be suspended. All unfilled orders (including stop-loss and take-profit orders) will be cancelled, existing positions will be closed first, and unrealized profits and losses will be settled to the user's full-margin contract account. The relevant grid trading, DCA, and Snowball strategy robots will terminate at 08:45 Beijing time, and their positions will be automatically closed. They will not resume operation after the adjustment is complete. Trading is expected to resume at 11:30 Beijing time, followed by a maximum 5-minute order cancellation phase, during which only post-only orders can be submitted, modified, or cancelled. After trading resumes, Binance will temporarily activate the Latest Execution Price Protection (LPP) mechanism, expected to end at 22:30 on the same day, and will gradually transition to standard mark price calculation.