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Binance has Injected a Further 30,000,000 USDT into the Binance Futures Insurance Fund

Binance
2020-05-11 00:15

Fellow Binancians,

On 2020/05/10, over 13 million USDT of the Binance Futures Insurance Fund was used to protect users from further ADLs (auto-deleveraging).

To both support, and continue to protect our users, Binance has injected a further 30,000,000 USDT into the Binance Futures’ Insurance Fund, in addition to the 7,500,000 USDT previously injected on 2020/04/30.

To view the historical change of insurance funds, please refer to the Insurance Fund History

The balance of the Insurance Fund is updated daily at 0:00 AM (UTC). 

Learn more about insurance funds here.

Risk warning: Futures trading is a highly risky endeavor, with the potential for both great profits and significant losses. Please be aware that in the event of extreme price movement, there is a chance that all margin balance in your futures wallet may be liquidated.

Thanks for your support!

Binance Team

2020/05/11

 

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