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Updates to USDT-Margined GRT Perpetual Contract

Binance
2020-12-19 14:52
Fellow Binancians,
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)LeverageMaintenance MarginInitial Margin
0 - 5,00020x1%5%
5,000 - 25,00010x2.5%10%
25,000 - 100,0005x5%20%
100,000 - 250,0004x10%25%
250,000 - 1,000,0002x12.5%50%
> 1,000,0001x50%100%
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
2020/12/19
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