Updates to Binance USDT-Margined Futures Contracts Insurance Clear Fee
In order to avoid Auto-Deleveraging (ADL), Binance Futures will adjust the insurance clear fee of USDT-margined contracts at 2020/11/23 7:00 AM (UTC) as reflected in the table below.
|USDT-margined contracts||Insurance Clear Fee (before change)||Insurance Clear Fee (after change)|
|ETHUSDT, BCHUSDT Contracts and Contracts with a maximum leverage of x75||0.5%||0.75%|
|Contracts with a maximum leverage of x50||0.75%||1.00%|
Please find more details:
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.
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