Binance Futures to Update Leverage & Margin Tiers for USDⓈ-M and COIN-M Perpetual Contracts

Binance
Announces
Leverage
and
Margin
Tier
Updates

According
to
an
official
announcement
from
Binance,
the
platform
will
be
updating
the
leverage
and
margin
tiers
for
several
USDⓈ-M
and
COIN-M
Perpetual
Contracts.
This
update
is
scheduled
to
take
place
on
May
28,
2024,
at
10:30
(UTC).
The
changes
are
expected
to
be
implemented
within
approximately
30
minutes.

Binance
has
reassured
its
users
that
existing
positions
opened
before
the
update
will
not
be
affected.
This
move
aims
to
optimize
the
trading
experience
for
users
and
ensure
a
more
balanced
trading
environment.

Details
of
the
Update

The
specific
changes
to
the
leverage
and
margin
tiers
have
not
been
disclosed
in
the
announcement.
However,
traders
can
expect
detailed
information
to
be
made
available
on
Binance’s
official
channels.
For
those
interested
in
the
exact
adjustments,
Binance
advises
checking
their
official
announcement
page.

The
update
follows
Binance’s
ongoing
efforts
to
enhance
the
trading
experience
on
its
platform.
The
company
regularly
updates
its
contract
specifications
to
adapt
to
market
conditions
and
user
feedback.
This
ensures
that
traders
have
access
to
the
most
competitive
and
secure
trading
environment
possible.

Important
Notes
for
Traders

Binance
has
issued
a
disclaimer,
highlighting
the
risks
associated
with
digital
asset
trading.
The
platform
emphasizes
that
digital
asset
prices
can
be
highly
volatile,
and
the
value
of
investments
may
fluctuate.
Traders
are
reminded
that
they
are
responsible
for
their
investment
decisions
and
that
Binance
is
not
liable
for
any
losses
incurred.

Futures
trading,
in
particular,
carries
high
market
risk
and
price
volatility.
Traders
may
be
required
to
make
additional
margin
deposits
or
interest
payments
at
short
notice.
Failure
to
meet
these
requirements
could
result
in
the
liquidation
of
collateral
without
consent.
Binance
advises
all
users
to
perform
an
independent
assessment
of
the
appropriateness
of
their
trading
activities
in
light
of
their
own
objectives
and
circumstances.

Further
Information
and
Resources

For
more
detailed
information,
traders
can
visit
Binance’s

Responsible
Trading
page.
Additional
terms
and
risk
warnings
can
be
found
on
Binance’s

Terms
of
Use
and

Risk
Warning
pages.

Binance
reserves
the
right
to
amend
or
cancel
this
announcement
at
any
time
and
for
any
reason
without
prior
notice.
Users
are
encouraged
to
stay
updated
with
the
latest
information
by
following
Binance’s
official
channels.

For
those
who
prefer
to
trade
on-the-go,
Binance
offers
a
crypto
trading
app
available
for
both
iOS
and
Android
devices.
More
details
can
be
found
on
Binance’s
official
website.

Image
source:
Shutterstock

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