Fellow Binancians,
Binance Futures will update margin tiers of the DOGE, SOL and MATIC USDT-Margined contracts on 2021-05-20 at 6:00 AM (UTC) with new leverage and margin tiers as reflected in the table below. Position value and maintenance margin will be adjusted in each tier. Existing positions opened before the updates will be affected. It is strongly advised to adjust the position and leverage in order to avoid any potential liquidation.
It is important to note that the maintenance margin change will directly affect liquidation price. Users who held existing positions of the above USDT-Margined Contracts will be affected. To avoid being liquidated (i.e. margin ratio hits 100%), please add more margin to your USDT-M Futures account or reduce your positions. It is recommended to control the margin ratio below 80%.
- DOGEUSDT, SOLUSDT, MATICUSDT
Leverage | Position Before Change (Notional Value in USDT) | Position After Change (Notional Value in USDT) | Maintenance Margin Rate (After Change) | Initial margin |
21-50x | 0 < Position ⤠5,000 | 0 < Position ⤠50,000 | 1.00% | 2.00% |
11-20x | 5,000 < Position ⤠25,000 | 50,000 < Position ⤠150,000 | 2.50% | 5.00% |
6-10x | 25,000 < Position ⤠100,000 | 150,000 < Position ⤠250,000 | 5.00% | 10.00% |
5x | 100,000 < Position ⤠250,000 | 250,000 < Position ⤠500,000 | 10.00% | 20.00% |
3-4x | 100,000 < Position ⤠250,000 | 500,000 < Position ⤠750,000 | 12.50% | 25.00% |
2x | 250,000 < Position ⤠1,000,000 | 750,000 < Position ⤠1,000,000 | 25.00% | 50.00% |
1x | Position > 1,000,000 | 1,000,000 < Position ⤠30,000,000 | 50.00% | 100.00% |
Further information:
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
2021-05-19
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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.
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.