Binance Futures has updated the risk and margin tiers of USDT-margined GRT perpetual contract as per the table below. The maximum leverage available in the USDT-margined GRT perpetual contract has also been decreased to 20x. This change is in effect immediately. Existing positions will not be affected.
Position (Notional Position in USDT)
Leverage
Maintenance Margin
Initial Margin
0 - 5,000
20x
1%
5%
5,000 - 25,000
10x
2.5%
10%
25,000 - 100,000
5x
5%
20%
100,000 - 250,000
4x
10%
25%
250,000 - 1,000,000
2x
12.5%
50%
> 1,000,000
1x
50%
100%
Risk warning: Futures trading is a highly risky endeavor, with the potential for both great profits and significant losses. Please be aware that in the event of extreme price movement, there is a chance that all margin balance in your futures wallet may be liquidated.
Thanks for your support!
Binance Team
2020/12/19
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