Binance Enhances Trading Limits for BFUSD Users Across VIP Levels
Binance has announced an increase in the maximum position limits for its unique yield-based margin asset, BFUSD, effective December 17, 2024, at 15:00 (UTC+8). This upgrade aims to boost trading capacity and flexibility for users across VIP levels 0 through 9.
Increased Trading Limits for Enhanced User Experience
With the updated limits, traders can utilize BFUSD as a margin for USDT-M futures contracts and receive USDT rewards daily. The new limits demonstrate Binance’s commitment to improving user possibilities, with VIP 0 limits growing from 250,000 BFUSD to 400,000 BFUSD and VIP 9 limitations rising from 5,000,000 BFUSD to 8,000,000 BFUSD.
Key Points to Note:
- Each master and sub-account has its own set of updated restrictions.
- BFUSD cannot be bought directly for virtual sub-accounts, but users can utilize Binance’s API to move it from their master accounts.
- Buying or redeeming BFUSD using the API is still not supported.
- Traders are advised to check the Binance Futures trading rules for real-time changes.
Binance’s goal with these improvements is to assist futures traders in maximizing profits and refining their trading tactics.
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