๐จ BINANCE FUTURES TRADERS โ TAKE NOTE! โ ๏ธ
Binance has announced the automatic settlement and closure of positions on several USDโ-M perpetual futures contracts today.
This is important if you currently have an open position on any of the affected contracts.
๐ BEFORE TRADING TODAY:
โข Check whether your contract is affected
โข Review your open Futures positions
โข Check your margin and liquidation risk
โข Don't assume an automatic settlement means the underlying token is being delisted
โข Always read Binance's official announcement before making a decision
โ ๏ธ Automatic settlement/closure is NOT the same thing as Binance delisting the underlying cryptocurrency.
Futures traders should be especially careful with leverage because market movements can become very fast around major announcements.
๐ Are you currently trading Binance Futures?
Comment YES or NO ๐
#Binance #BinanceFutures #Crypto #BTC #ETH #Altcoins #Trading #CryptoNews #BinanceSquare
โ ๏ธ Educational information only. Not financial advice. Always verify the affected contracts and official Binance announcement before trading.
Binance has announced the automatic settlement and closure of positions on several USDโ-M perpetual futures contracts today.
This is important if you currently have an open position on any of the affected contracts.
๐ BEFORE TRADING TODAY:
โข Check whether your contract is affected
โข Review your open Futures positions
โข Check your margin and liquidation risk
โข Don't assume an automatic settlement means the underlying token is being delisted
โข Always read Binance's official announcement before making a decision
โ ๏ธ Automatic settlement/closure is NOT the same thing as Binance delisting the underlying cryptocurrency.
Futures traders should be especially careful with leverage because market movements can become very fast around major announcements.
๐ Are you currently trading Binance Futures?
Comment YES or NO ๐
#Binance #BinanceFutures #Crypto #BTC #ETH #Altcoins #Trading #CryptoNews #BinanceSquare
โ ๏ธ Educational information only. Not financial advice. Always verify the affected contracts and official Binance announcement before trading.