Binance Futures latest announcement! 📢

Binance Futures announced that it will update the leverage and margin tiers of REEFUSDT U-margin Perpetual Contracts at 14:30 (ET) on October 16, 2024. Users should note that existing positions before the update will be affected. Please be sure to refer to the updated leverage and margin tiers to avoid forced liquidation. 📉

At the same time, Binance Futures will also adjust the funding rate settlement frequency of REEFUSDT U-margin Perpetual Contracts from once every eight hours to once every four hours. This adjustment may affect users' trading strategies, so be sure to pay attention. 🔄

Stay tuned and adjust your strategy in time!