Updates to the FIL USDT-Margined Perpetual Contract
2020-10-20 11:10
Fellow Binancians,
Binance Futures will update the risk and margin tiers of the FIL/USDT pair at 2020/10/21 7:00 AM (UTC) as per the table below.
Please be noted that existing positions will not be affected.
| Position (Notional Position in USDT) | Leverage | Maintenance Margin | Initial Margin |
0 - 50,000 | 50x | 1.0% | 2.0% |
50,000 - 250,000 | 25x | 2.0% | 4.0% |
250,000 - 1,000,000 | 10x | 5.0% | 10.0% |
1,000,000 - 2,000,000 | 5x | 10.0% | 20.0% |
2,000,000 - 5,000,000 | 4x | 12.5% | 25.0% |
5,000,000 - 10,000,000 | 3x | 16.65% | 33.3% |
>10,000,000 | 2x | 25.0% | 50.0% |
>10,000,000 | 1x | 25.0% | 100.0% |
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
2020/10/20
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