Binance Revamps Perpetual Contracts: 14 Pairs Affected

Binance, one of the world's leading cryptocurrency exchanges, has recently announced an update to its perpetual contracts, affecting several popular trading pairs. The exchange has updated the leverage and margin tiers for 14 perpetual contracts, including XRP/USDC, NEAR/USDT, and APE/USDT.

The changes took effect on February 5, 2025, at 8:30 a.m. UTC. In addition to the aforementioned trading pairs, the update also applies to ACT/USDT, 1000SATS/USDT, SEI/USDT, NOT/USDT, CFX/USDT, PEOPLE/USDT, DOGS/USDT, TURBO/USDT, THETA/USDT, MEW/USDT, and RUNE/USDT.

This update is part of Binance's ongoing efforts to optimize its trading environment and provide users with a more seamless and secure trading experience. The exchange has not provided specific details on the changes made to the leverage and margin tiers, but users are encouraged to review the updated terms and conditions on the Binance Futures platform.

As a reminder, trading cryptocurrencies carries inherent risks, and investors should conduct their own research and consult with financial experts before making any investment decisions. Binance is not responsible for any financial losses incurred while trading cryptocurrencies.