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Binance Futures Launches Multi-Assets Mode
Binance
2021-05-06 06:19
Fellow Binancians,
Binance Futures has launched a new feature - Multi-Assets Mode. It is now live on the Binance website and mobile apps (Android: 1.39.5 or later version, iOS: 2.28.0 or later version).
What is Multi-Assets Mode?
Multi-Assets Mode allows users to trade USDⓈ-M Futures across multiple margin assets. With the newly launched Multi-Assets Mode, users can share their margin across USDT-margined and BUSD-margined contracts. Any profits made on either contract can be used as margin; this means that one position’s profits can offset losses in another losing position. Thus, the margin balance only reflects the net P&L between positions in the two markets. This new feature only supports the Cross Margin Mode.
Please note:
  • All users will have Single-Asset Mode enabled by default and will have to enable Multi-Assets Mode manually.
  • If there are open positions or open orders in USDⓈ-M Futures or active positions in grid trading, Multi-Assets Mode cannot be activated.
  • If you are holding positions in Isolated Mode, please switch all open positions to Cross Margin Mode before enabling the Multi-Assets Mode.
For further details: Multi-Assets Mode Introduction
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
2021-05-06
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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
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