Binance Futures has updated the risk and margin tiers of USDT-margined GRT perpetual contract as per the table below. The maximum leverage available in the USDT-margined GRT perpetual contract has also been decreased to 20x. This change is in effect immediately. Existing positions will not be affected.
|Position (Notional Position in USDT)||Leverage||Maintenance Margin||Initial Margin|
|0 - 5,000||20x||1%||5%|
|5,000 - 25,000||10x||2.5%||10%|
|25,000 - 100,000||5x||5%||20%|
|100,000 - 250,000||4x||10%||25%|
|250,000 - 1,000,000||2x||12.5%||50%|
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.
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