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Latest Binance News

Updates to Insurance Clearance Fees of Binance Futures Contracts (2021-05-20)

Binance
2021-05-20 07:44
Fellow Binancians,
Binance Futures will adjust the insurance clearance fees of its USDⓈ-M futures and COIN-M futures contracts at 2021-05-20 9:00 AM (UTC), as reflected in the table below.
  • USDⓈ-M Futures
USDⓈ-M Futures
Insurance Clearance Fee
(Before change)
Insurance Clearance Fee
(After change)
BTCUSDT Perpetual & Quarterly Contracts, BTCBUSD Perpetual
2.00%
0.30%
ETHUSDT Perpetual & Quarterly Contracts, and Contracts with a maximum leverage of 75X
3.00%
0.50%
Contracts with a maximum leverage of 25X & 50X
4.00%
0.75%
  • COIN-M Futures
COIN-M Futures
Insurance Clearance Fee
(Before change)
Insurance Clearance Fee
(After change)
BTCUSD Contracts
2.00%
0.60%
ETHUSD, LINKUSD, BNBUSD, TRXUSD, DOTUSD, ADAUSD, EOSUSD, LTCUSD, BCHUSD, XRPUSD, ETCUSD Contracts
3.00%
1.00%
FILUSD, DOGEUSD, EGLDUSD, UNIUSD, THETAUSD, XLMUSD Contracts
4.00%
1.50%
Please read for more details:
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
2021-05-20
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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.
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