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Updates to the FIL USDT-Margined Perpetual Contract

Binance
2020-10-20 11:10
Fellow Binancians,
Binance Futures will update the risk and margin tiers of the FIL/USDT pair at 2020/10/21 7:00 AM (UTC) as per the table below.
Please be noted that existing positions will not be affected.
Position
(Notional Position in USDT)
LeverageMaintenance MarginInitial Margin
0 - 50,000
50x
1.0%
2.0%
50,000 - 250,000
25x
2.0%
4.0%
250,000 - 1,000,000
10x
5.0%
10.0%
1,000,000 - 2,000,000
5x
10.0%
20.0%
2,000,000 - 5,000,000
4x
12.5%
25.0%
5,000,000 - 10,000,000
3x
16.65%
33.3%
>10,000,000
2x
25.0%
50.0%
>10,000,000
1x
25.0%
100.0%
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
2020/10/20
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