Fellow Binancians,
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) |
| BTCUSDT contracts | 0.3% | 0.50% |
| 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.
Thanks for your support!
Binance Team
2020/11/23
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