Fellow Binancians,
With immediate effect, leverage levels of over 20x will not be available to futures accounts within the first 60 days of their opening. This follows the updates on 2021-07-19 (UTC) when leverage limit of a maximum of 20x was implemented for new accounts opened within 30 days.
- The new rules apply retroactively, meaning leverage levels of over 20x will not be available to futures accounts opened within the last 60 days:
- Accounts with open positions within 20x leverage will not be allowed to adjust their open positions to over 20x leverage.
- Accounts with open positions of over 20x leverage may choose to maintain their position leverage but will not be allowed to increase their position leverage further. They may lower their position leverage to 20x or below.
- For new accounts with no open positions, all new positions must not exceed 20x leverage.
- Leverage limits for new accounts will gradually increase only after 60 days from opening.
Further information:
- Leverage and Margin of USDT-Margined Futures Contracts
- Leverage and Margin of Coin-Margined Futures Contracts
Risk Warning: Futures trading carries substantial risk and the possibility of both significant profits and losses. Past gains are not indicative of future returns. All of your margin balance may be liquidated in the event of extreme price movements. The information here should not be regarded as financial or investment advice from Binance. All trading strategies are used at your discretion and your own risk. Binance will not be liable to you for any loss that might arise from your use of Futures. To learn more about how to protect yourself, visit our Responsible Trading resource page.
Thanks for your support!
Binance Team
2021-07-27
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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.