Binance Futures Adjusts Leverage and Margin Tiers for Multiple Contracts
Binance Futures has announced adjustments to the margin tiers and leverages for several USDT-margined and coin-margined perpetual contracts, including TRUMPUSDT, LITUSDT, DOGSUSDT, and NEIROETHUSDT. The changes will come into effect on January 22, 2025, at 16:00 ET.
TRUMPUSDT Contract Adjustments
The TRUMPUSDT perpetual contract, launched on January 18, initially had a maximum leverage of up to 25x. Binance Futures is now offering traders a maximum leverage of up to 50x, doubling its previous rate. However, the exchange has also lowered its margin rate from 2.00% to 1.00% and reduced all other margin rates above it by at least 50% or more.
Margin rates affect users based on their current positions. For example:
- Users with positions from zero to 5,000 will trade with a 1.00% margin instead of 2.00%.
- Users in higher positions, from 1.5 million to 3 million, previously trading under the 50% margin, will now trade under a 12.50% margin.
According to recent market data, the official Trump meme coin has increased by more than 5% in the past 24 hours and is currently trading at $41.68.
LITUSDT Contract Adjustments
The maximum leverage for the USDT-based perpetual contract for the Litentry token has been reduced from 25x to 10x. Most of the margin rates for LITUSDT remain unchanged, except for the positions within the 25.00% margin rate, which has been lowered from 550,000 to 520,000.
NEIROETHUSDT Contract Adjustments
The USDT-based perpetual contract for First Neiro on Ethereum has undergone a maximum leverage adjustment, trimming its leverage from 25x to 15x. While most margin rates for NEIROETHUSDT remain the same, the 25.00% margin rate now applies to users on the position range of 500,000 up to 700,000 instead of the 1 million position.
Additional Contract Adjustments
The WLD perpetual contract has seen its maximum leverage for WLDUSD cut by half, from 20x to 10x, with unchanged margin rates. However, the maximum position for the 50.00% margin rate has been changed from 1 million to 600,000.
The coin-margined DOGSUSD has retained its initial maximum leverage and margin rate, with the only adjustment being the maximum user position for the 50.00% margin rate being lowered from 3 billion to 2 billion.
These changes aim to provide traders with more flexibility and options in the market.
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