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New Minimum Order Notional Limit Rule for USDⓈ-M Futures
Binance
2021-01-21 07:00
Fellow Binancians,
Binance Futures will launch a new minimum order notional limit rule for all USDⓈ-M futures contracts at 2021-01-25 7:00:00 (UTC). The minimum notional value of each order must be no less than the threshold $1 USD. If the order notional value is less than the set threshold ($1 USD), the order will be rejected.
For example, if the user opens an order of 0.001 BTC > $1 USD notional value, the order can be successfully placed; if the user opens an order 1 TRX < $1 USD notional value, the order will be rejected.
Important note:
  • “Reduce-Only” order is not affected.
  • Binance Futures will adjust the threshold from time to time without prior announcement, users should check proactively via API or at the Contract Specifications of USDⓈ-M Futures page for details.
Risk Warning: Futures trading carries a substantial risk and the possibility of both significant profits and losses. Past gains are not indicative of future returns. All of your margin balance may be liquidated in the event of extreme price movement. The information here should not be regarded as financial or investment advice from Binance. All trading strategies are used at your discretion and your own risk. Binance will not be liable to you for any loss that might arise from your use of Futures.
Thanks for your support!
Binance Team
2021-01-21
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