Fellow Binancians,
Binance Futures has adjusted the margin tiers of the BEL USDⓈ-M Perpetual Contract on 2022-05-29 at 07:20 AM (UTC), with the new leverage and margin tiers reflected in the table below. Existing positions opened before the update will not be affected.
The max leverage of BEL USDⓈ-M Perpetual Contract has been reduced to 25x.
Earlier Leverage | New Leverage | Position |
21-50x | 21-25x | 0 < Position ≤ 5,000 |
11-20x | 11-20x | 5,000 < Position ≤ 25,000 |
6-10x | 6-10x | 25,000 < Position ≤ 100,000 |
3-5x | 3-5x | 100,000 < Position ≤ 250,000 |
2x | 2x | 250,000 < Position ≤ 1,000,000 |
1x | 1x | 1,000,000 < Position ≤ 30,000,000 |
In addition, Binance has updated the Capped Funding Rate Multiplier of the BEL USDⓈ-M Perpetual Contract on 2022-05-29 at 06:00 AM (UTC). The Capped Funding Rate Multiplier is raised from 0.75 to 1.
Note:
- Capped Funding Rate = clamp (Funding Rate, -1 * Maintenance Margin Ratio, 1 * Maintenance Margin Ratio). For more on funding rate, please refer to Introduction to Binance Futures Funding Rates.
Further information:
- Liquidation
- Leverage and Margin of USDⓈ-M Futures Contracts
- Introduction to Binance Futures Funding Rates
Risk Warning: Futures trading carries 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 movements. 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. To learn more about how to protect yourself, visit our Responsible Trading resource page.
Thanks for your support!
Binance Team
2022-05-29
Find us on
Telegram: https://t.me/binanceexchange
Twitter: https://twitter.com/binance
Facebook: https://www.facebook.com/binance
Instagram: https://www.instagram.com/binance
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.