Binance Updates Leverage and Margin Tiers for Multiple USDⓈ-M Perpetual Contracts

Binance
Futures
has
announced
updates
to
the
leverage
and
margin
tiers
for
several
USDⓈ-M
perpetual
contracts,
including
RNDRUSDT,
ZROUSDT,
ZKUSDT,
and
LISTAUSDT.
The
new
tiers
took
effect
on
July
9,
2024,
at
06:30
(UTC),
according
to

Binance.

Details
of
the
Update

The
adjustments
to
the
leverage
and
margin
tiers
were
implemented
to
ensure
better
risk
management
and
trading
experience
for
users.
Importantly,
existing
positions
opened
before
the
update
on
July
9
will
not
be
affected
by
these
changes.

In
addition,
Binance
Futures
will
further
update
the
leverage
and
margin
tiers
for
KNCUSDT,
ICXUSDT,
ACHUSDT,
TUSDT,
and
LITUSDT
USDⓈ-M
perpetual
contracts
on
July
10,
2024,
at
06:30
(UTC).
However,
for
these
contracts,
existing
positions
opened
before
the
update
will
be
impacted.

Implications
for
Traders

Traders
holding
positions
in
the
affected
contracts
should
closely
monitor
these
changes
as
they
may
influence
trading
strategies
and
risk
management.
Binance
has
recommended
that
users
review
their
margin
levels
and
adjust
their
positions
accordingly
to
avoid
any
potential
liquidations.

These
updates
are
part
of
Binance’s
ongoing
efforts
to
enhance
the
trading
environment
and
maintain
a
robust
risk
management
framework.
The
exchange
reiterated
that
it
reserves
the
right
to
amend
or
cancel
announcements
at
any
time
without
prior
notice.

Risk
and
Disclaimer

Binance
has
issued
a
disclaimer
noting
the
inherent
risks
associated
with
digital
asset
trading.
The
value
of
investments
may
fluctuate,
and
traders
may
not
recover
the
amounts
invested.
Futures
trading,
in
particular,
involves
high
market
risk
and
price
volatility,
which
can
lead
to
significant
losses.
Binance
advises
traders
to
conduct
their
own
assessments
and
seek
independent
advice
where
necessary.

For
further
details,
traders
can
visit
Binance’s

Responsible
Trading
page
and
review
the

Terms
of
Use
and

Risk
Warning.

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source:
Shutterstock