What Is the Binance Portfolio Margin Program
An Overview of the Binance Portfolio Margin Program
The Binance Portfolio Margin Program is a cross-asset margin program that consolidates the margin balance across different trading products with more than 200 cryptocurrencies as collateral. It is designed for professional traders, market makers, and institutional clients who are looking to trade actively, cross-hedge, and optimize risk management in an integrated setup.
Under the Portfolio Margin Program, all of the supported crypto-assets and positions in the Cross Margin, USDⓈ-M Futures, and COIN-M Futures accounts are accounted for as one single joint collateral to determine the account’s equity, margin balance, and maintenance margin requirement. Therefore, the consolidated margin balance can be used to open Cross Margin, USDⓈ-M Futures, or COIN-M Futures positions without any symbol limitations.
In the illustration below, we demonstrate how the Binance Portfolio Margin Program works:
The main difference between the Portfolio Margin Program and Multi-Asset Mode is the consolidated margin balance across different trading products.
For instance, the Portfolio Margin Program broadens the margin scope to include the balance on the Margin, USDⓈ-M Futures, and COIN-M Futures wallets as part of one single joint collateral. Meanwhile, Multi-Assets Mode allows users to share their margin across USDT-M and BUSD-M Futures contracts.
What Are the Benefits of Using the Binance Portfolio Margin Program?
Enhanced Capital Efficiency
Users can utilize their collateral from multiple wallets to open positions across different trading products, gaining significant flexibility and reducing capital constraints regarding collateral management.
More Than 200 Supported Crypto Collaterals
The consolidated margin balance supports over 200 crypto-assets, which can be used to trade on the Cross Margin, USDⓈ-M Futures, and COIN-M Futures markets. Essentially, it turns all supported crypto-assets across multiple wallets into effective margin assets.
Portfolio-Wide Margin Check
The Binance Portfolio Margin adopts a consolidated portfolio-based margin calculation process. It relies on a real-time maintenance margin check across all positions, which skips the initial margin check requirement and reduces the need for actively placing margin check orders.
Read the following helpful articles for more information about the Binance Portfolio Margin Program:
- Binance Portfolio Margin Supported Collateral and Rates
- What is the Position Limit under the Portfolio Margin Account
- Unified Maintenance Margin Ratio Calculation
- How does Liquidation Work in the Portfolio Margin Account
- How to Apply for the Binance Portfolio Margin Program
- Portfolio Margin Program API Interface
- Frequently Asked Questions on Binance Portfolio Margin Program