🔺 BINANCE RAISES FIL AND HBAR COLLATERAL RATIOS TO 60%
🏦 Collateral ratios increase from 50% to 60%
Binance will raise the collateral ratios for FIL and HBAR on Cross Margin and Portfolio Margin from 50% to 60%, effective November 13. Users who use these two coins as collateral will be able to borrow more, and their margin positions will be valued higher.
📊 Pro collateral tiers expand significantly for large balances
For Pro Portfolio Margin, the 100% tier expands from a maximum of $200,000 to $800,000, followed by 95% for balances from $800,000 to $1,200,000, 75% from $1,200,000 to $2,000,000, and 50% above $2,000,000; the Pro ranking for both coins drops from 80 to 70. FIL is trading around 0.75 USDT and HBAR around 0.067 USDT, with 24-hour trading volumes of approximately $63.4 million and $29.1 million, respectively.
🌤️ The collateral ratio increase will give FIL and HBAR more weight in margin accounts starting November 13, while both coins continue to maintain daily trading volumes in the tens of millions of dollars.
$FIL $HBAR
🏦 Collateral ratios increase from 50% to 60%
Binance will raise the collateral ratios for FIL and HBAR on Cross Margin and Portfolio Margin from 50% to 60%, effective November 13. Users who use these two coins as collateral will be able to borrow more, and their margin positions will be valued higher.
📊 Pro collateral tiers expand significantly for large balances
For Pro Portfolio Margin, the 100% tier expands from a maximum of $200,000 to $800,000, followed by 95% for balances from $800,000 to $1,200,000, 75% from $1,200,000 to $2,000,000, and 50% above $2,000,000; the Pro ranking for both coins drops from 80 to 70. FIL is trading around 0.75 USDT and HBAR around 0.067 USDT, with 24-hour trading volumes of approximately $63.4 million and $29.1 million, respectively.
🌤️ The collateral ratio increase will give FIL and HBAR more weight in margin accounts starting November 13, while both coins continue to maintain daily trading volumes in the tens of millions of dollars.
$FIL $HBAR
