*URGENT UPDATE: Binance Collateral Ratio Adjustments!*
*Protect Your Portfolio: Know the Changes!*
Fellow Binancians!
Binance is upgrading its Portfolio Margin requirements to ensure a safer trading environment. Starting October 3rd, 2024 (06:00 UTC), the collateral ratio for select assets will change.
*Affected Assets:*
1. SUI: 45% → 55%
2. FET: 45% → 55%
3. TIA: 50% → 55%
4. OM: 35% → 50%
5. TON: 30% → 40%
6. NEIRO: 10% → 30%
7. CATI: 10% → 20%
*Key Implications:*
- Collateral ratio updates impact Unified Maintenance Margin Ratio (uniMMR).
- Monitor uniMMR closely to avoid potential liquidation or losses.
*Stay Ahead:*
- Review Binance Portfolio Margin Mode introduction.
- Understand Binance Portfolio Margin Trading Rules.
- Familiarize yourself with transfer-in limits, position limits, leverage, supported collateral, and rates.
*Secure Your Trades:*
Adjust your strategies according to the updated collateral ratios.
*Stay Informed:*
Refer to the original article for the latest information.
*Binance Support:*
- Visit Binance Help Center.
- Contact Binance Support.
*Trade Smart, Trade Safe!*
Best,
Binance Team
#BinanceUpdate #CollateralRatio #PortfolioMargin #TradingSafety #CryptoTrading #BinanceSupported