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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