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Crypto & Bitcoin

Binance to Update Leverage, Margin Tiers for 14 Perpetual Contracts

Reported by John Kim, TokenPost

Image: TokenPost

Binance will revise leverage and margin tiers for 14 USDT-margined perpetual contracts on Oct. 16, affecting traders’ position limits and liquidation risk across the listed markets. The update is scheduled to begin at 2:30 a.m. ET (06:30 UTC) and is expected to be completed within one hour. The affected contracts are BLURUSDT, VELODROMEUSDT, MOVRUSDT, COOKIEUSDT, CVCUSDT, BICOUSDT, ARKUSDT, RAREUSDT, STXUSDT, JASMYUSDT, WIFUSDT, LSKUSDT, PTBUSDT and LYNUSDT. The announcement does not specify whether leverage limits or margin requirements will rise or fall for individual contracts. The changes will take effect during the scheduled update window on Oct. 16.

This is an excerpt. The reporting belongs to TokenPost.

Read the full report on tokenpost.com
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