Binance Futures has announced a major update for popular USD-M perpetual contracts, including Shiba Inu (SHIB), Cardano (ADA), FLOKI and Hedera (HBAR).
Binance has announced a major update for popular USD-M perpetual contracts, including SHIB, ADA, FLOKI and HBAR. This update introduces new leverage and margin tiers, impacting top trading pairs and enhancing trading flexibility for users.
The changes, which apply to additional assets like BONK, PNUT, ACT, RENDER, HIPPO, GRASS, and REN, aim to support varied trading strategies. Notably, existing positions opened before the update will remain unaffected, allowing users to maintain their prior configurations.
Binance Announces Updates to Leverage, Margin Pairs for SHIB, ADA, FLOKI, HBAR Contracts
On November 19, Binance exchange announced significant updates to the leverage and margin pairs for several USD-M perpetual contracts. These include SHIB/USDT, ADA/USDT, FLOKI/USDT, and SHIB/USDT pairs. These updates are designed to enhance market stability by adjusting leverage options across various position sizes, impacting both small and large traders.
For ADAUSDT contracts, positions under $10,000 will maintain leverage of 51-75x with a 0.50% maintenance margin rate. Positions between $10,000 and $۰,۰۰۰ will see leverage reduced from 41-50x to 26-40x, while the margin rate stays at 1.00%. Similar adjustments have been made to contracts like BONKUSDT and SHIBUSDT, affecting leverage and margin rates for various position sizes.
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