Updates to Binance Futures Contracts

Published on 2021-01-06 09:26

Fellow Binancians,

Binance Futures will adjust the insurance clearance fees of its coin-margined contracts, as well as the maximum leverage and margin tiers of the following contracts: 1INCHUSDT, GRTUSDT, CTKUSDT, and BTCBUSD.

These adjustments, as reflected in the tables and details below, will take effect at 2021/01/06 10:00 AM (UTC) 

Insurance Clearance Fee Changes:

Coin-Margined ContractsInsurance Clearance Fee (before change)Insurance Clearance Fee (after change)

BTCUSD contracts

0.50%

1.00%

ETHUSD contracts and other contracts with a maximum leverage of 75X

0.75%

1.50%

Contracts with a maximum leverage of 50X

1.00%

2.00%

Maximum Leverage Changes:

  • Maximum leverage of 1INCHUSDT and GRTUSDT increased from 20x to 50x
  • Maximum leverage of CTKUSDT decreased from 50x to 20x
  • Maximum leverage of BTCBUSD decreased from 125x to 20x

1INCHUSDT 50x Margin Tier Changes:

Position (Notional Position in USDT)LeverageMaintenance MarginInitial Margin

Max Position 5,000

50x

1.2%

2%

Max Position 25,000

20x

2.5%

5%

Max Position100,000

10x

5%

10%

Max Position 250,000

5x

10%

20%

Max Position 1,000,000

2x

12.5%

50%

Greater than 1,000,000

1x

50%

100%

GRTUSDT 50x Margin Tier Changes:

Position (Notional Position in USDT)LeverageMaintenance MarginInitial Margin

Max Position 5,000

50x

1%

2%

Max Position 25,000

20x

2.5%

5%

Max Position 100,000

10x

5%

10%

Max Position 250,000

5x

10%

20%

Max Position 1,000,000

2x

12.5%

50%

Greater than 1,000,000

1x

50%

100%

CTKUSDT 20x Margin Tier Changes:

Position (Notional Position in USDT)LeverageMaintenance MarginInitial Margin

Max Position 5,000

20x

1%

5%

Max Position 25,000

10x

2.5%

10%

Max Position 100,000

5x

5%

20%

Max Position 250,000

4x

10%

25%

Max Position 1,000,000

2x

12.5%

50%

Greater than 1,000,000

1x

50%

100%

BTCBUSD 20x Margin Tier Changes:

Position (Notional Position in BUSD)LeverageMaintenance MarginInitial Margin

Max Position 5,000

20x

0.4%

5%

Max Position 25,000

15x

0.5%

6.7%

Max Position 100,000

10x

1%

10%

Max Position 500,000

7x

2.5%

14.3%

Max Position 2,000,000

6x

5%

16.7%

Max Position 5,000,000

5x

10%

20%

Max Position 10,000,000

4x

12.5%

25%

Max Position 20,000,000

3x

15%

33.3%

Greater than 20,000,000

2x

25%

50%

Greater than 20,000,000

1x

25%

100%

Risk warning: Futures trading carries a 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 movement. 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.

Thanks for your support!

Binance Team

2021/01/06
 

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