Announcement

Updates to USDT-Margined GRT Perpetual Contract

2020-12-19 14:52

Fellow Binancians,

Binance Futures has updated the risk and margin tiers of USDT-margined GRT perpetual contract as per the table below. The maximum leverage available in the USDT-margined GRT perpetual contract has also been decreased to 20x. This change is in effect immediately. Existing positions will not be affected.

Position (Notional Position in USDT)	Leverage	Maintenance Margin	Initial Margin
0 - 5,000	20x	1%	5%
5,000 - 25,000	10x	2.5%	10%
25,000 - 100,000	5x	5%	20%
100,000 - 250,000	4x	10%	25%
250,000 - 1,000,000	2x	12.5%	50%
> 1,000,000	1x	50%	100%

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

2020/12/19

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Announcement

Updates to USDT-Margined GRT Perpetual Contract

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