Fellow Binancians,
Binance Futures will make adjustments to the leverage and margin tiers of multiple COIN-M Perpetual and Delivery Contracts on 2023-06-01 at 12:00 (UTC), as reflected in the tables below.
Existing positions opened before the update will be affected. It is strongly advised to adjust the position and leverage prior to the adjustment in order to avoid any potential liquidation.
Updates to Leverage & Margin Tiers
EOSUSD (COIN-M Perpetual Contract)
FILUSD (COIN-M Perpetual Contract)
ADAUSD (COIN-M Perpetual Contract)
ADAUSD_0630 & ADAUSD_0929 (COIN-M Delivery Contracts)
Notes:
It is important to note that the maintenance margin change will directly affect liquidation price. Users who hold existing positions of the aforementioned COIN-M Perpetual & Delivery Contracts will be affected. To avoid being liquidated (i.e., margin ratio hits 100%), please add more margin to your COIN-M Futures account or reduce your positions. It is recommended to control the margin ratio below 80%.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Further information:
Thanks for your support!
Binance Team
2023-05-31
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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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