Updates to Margin Tiers of FILUSD COIN-M Perpetual Contracts (2021-04-02)
Updates to Margin Tiers of FILUSD COIN-M Perpetual Contracts (2021-04-02)
2021-04-02 03:52
Fellow Binancians,
Binance Futures will update margin tiers of the FILUSD 20X COIN-M perpetual contracts at 2021-04-02 7:00 AM (UTC), with new margin tiers as reflected in the table below.
FILUSD 20X COIN-M Perpetual Contracts
Notional Value in FIL
Leverage
Maintenance Margin
Initial Margin
0 < Position ⤠5,000
20x
2.50%
5.00%
5,000 < Position ⤠10,000
10x
5.00%
10.00%
10,000 < Position ⤠15,000
6x
5.00%
16.67%
15,000 < Position ⤠20,000
5x
10.00%
20.00%
20,000 < Position ⤠25,000
4x
12.50%
25.00%
25,000 < Position ⤠30,000
3x
15.00%
33.33%
Position > 30,000
2x
25.00%
50.00%
Position > 30,000
1x
25.00%
100.00%
In addition, Binance Futures has started updating the Maintenance Margin of COIN-M futures contracts periodically. The adjustment is expected to be completed in 10 weeks. The implementation times for next week are 2021-04-06 9:00 AM (UTC) and 2021-04-08 9:00 AM (UTC).To avoid being liquidated, please add more margin to your COIN-M Futures account or reduce your positions.
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
2021-04-02
Trade on the go with Binanceâs mobile crypto trading app