Fellow Binancians,
Binance Futures will adjust the insurance clearance fees of its USDⓈ-M futures and COIN-M futures contracts at 2021-02-07 4:00 AM (UTC), as reflected in the table below.
Insurance Clearance Fee Changes:
USDⓈ-M Futures | Insurance Clearance Fee (before change) | Insurance Clearance Fee (after change) |
BTCUSDT Contract | 1.00% | 2.00% |
ETHUSDT Contract, and Contracts with a maximum leverage of 75X | 1.50% | 3.00% |
Contracts with a maximum leverage of 50X, DOGEUSDT | 2.00% | 4.00% |
COIN-M Futures | Insurance Clearance Fee (before change) | Insurance Clearance Fee (after change) |
BTCUSD Contracts | 1.00% | 2.00% |
ETHUSD Contracts | 1.50% | 3.00% |
Contracts with a maximum leverage of 20X, DOGEUSD 25X | 2.00% | 4.00% |
Please read for more details:
- Insurance Fund
- Liquidation
- Counterparty Liquidation
- Leverage and Margin of USDⓈ-M Futures Contracts
- Leverage and Margin in COIN-M Futures Contracts
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
2021-02-07
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