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Binance Margin Introduces Dynamic Interest Rate Updates

Binance Margin Introduces Dynamic Interest Rate Updates

2023-02-20 10:55
Fellow Binancians,
Binance Margin will introduce dynamic interest rate updates. Effective from 2023-03-01 06:00 (UTC), users can expect hourly interest rate updates on the Margin Data page based on current market conditions, and check on estimated interest rates for the next hour via the Margin trading webpage. Corresponding API endpoints will be available from 2023-02-27 06:00 (UTC).
Please note that users will continue to be charged interest for their Margin borrowings on an hourly basis. Users are also strongly advised to monitor the applicable interest rates and margin levels closely to avoid potential liquidation due to the accrued interest over time.
Users may refer to Margin Data for the latest comprehensive list of marginable tokens, limits, collateral ratios and interest rates. More information on the dynamic interest rate updates can be found in the FAQ.
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Binance Team
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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 that might arise from your use of Margin. Margin trading carries substantial risk and amplifies both losses and profits. Past performance is not a reliable predictor of future performance. All of your margin balance may be liquidated in the event of adverse price movement. This information should not be regarded 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.