New Listings This Week and Updates on Leverage and Margin Tiers of Binance Futures Contracts
New Listings This Week and Updates on Leverage and Margin Tiers of Binance Futures Contracts
2021-04-06 04:27
Fellow Binancians,
Binance Futures will launch USDT-margined BTT perpetual contracts with up to 25x leverage at 2021-04-06 07:00 AM (UTC).
Please note: BTT perpetual contracts are USDT-margined futures contracts that use USDT as collateral. Users will be able to select between 1-25x leverage.
Binance Futures will update margin tiers of the DOT Coin-Margined contracts on 2021-04-06 9:00 AM (UTC) and BCH Coin-Margined contracts on 2021-04-08 9:00 AM (UTC) with new leverage and margin tiers as reflected in the table below.
Position value and maintenance margin will be adjusted in each tier. Existing positions opened before the updates will be affected.
It is important to note that the maintenance margin change will directly affect liquidation price. To avoid being liquidated (i.e. margin ratio hits 100%), please add more margin to your Coin-M Futures account or reduce your positions. It is recommended to control the margin ratio below 80%.
In addition, Binance Futures has started updating the Maintenance Margin of COIN-M futures contracts periodically. The adjustment is expected to be completed in 10 weeks. The implementation times for this week are 2021-04-06 9:00 AM (UTC) and 2021-04-08 9:00 AM (UTC). To avoid being liquidated, please add more margin to your COIN-M Futures account or reduce your positions.
Risk Warning: Futures trading carries a 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 movement. 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.
Thanks for your support!
Binance Team
2021-04-06
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