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Binance Futures to Support TUSD and USDP in Multi-Assets Mode (2023-03-20)

Binance Futures to Support TUSD and USDP in Multi-Assets Mode (2023-03-20)

2023-03-16 06:20

Fellow Binancians,

Binance Futures will support TUSD and USDP as margin assets in the Multi-Assets Mode, and update the transfer-in limits for ADA, DOT and SOL to zero in the Multi-Assets Mode, effective from 2023-03-20 08:00 (UTC).  

Please note:

  • The maximum transfer-in limits for TUSD and USDP margin assets depend on users’ VIP levels. Please refer to the Multi-Assets Info page for more details.

  • The haircut rates for TUSD and USDP in an Auto-Exchange are set at 1%. 

  • TUSD and USDP margin balances are calculated according to the TUSD and USDP price indices in real time.

  • Existing ADA, DOT and SOL assets in the Multi-Assets Mode will not be impacted by the update. Users may continue to use these existing assets as margin when trading USDⓈ-M Futures in the Multi-Assets Mode. 

  • Binance reserves the right to amend the maximum transfer-in limits and haircut rates depending on market conditions. 

  • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

For More Information:

Thanks for your support!

Binance Team

2023-03-16

 

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Futures trading, in particular, is subject to high market risk and price volatility. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.