Fellow Binancians,
With immediate effect, leverage levels of over 20x will not be available to futures accounts within the first three days of opening.Â
The new rules apply retroactively, meaning leverage levels of over 20x will not be available to futures accounts opened within the last three days:
Applicable accounts with open positions within 20x leverage will not be allowed to adjust their open positions to over 20x leverage.
Applicable accounts with open positions of over 20x leverage may choose to maintain their position leverage but will not be allowed to increase their position leverage further. Users may lower their position leverage to 20x or below.
For new accounts with no open positions, all new positions must not exceed 20x leverage.
Leverage limits for new accounts will be gradually lifted only after three days from opening.
Further Information:
Thanks for your support!
Binance Team
2021-07-27
Note: This announcement was updated on 2023-10-26 to reflect changes on eligibility of trading futures by new accounts.
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
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