Binance Boosts Perpetual Contracts: Leverage and Margin Changes Ahead

Generated by AI AgentCoin World
Tuesday, Feb 18, 2025 3:47 am ET1min read
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Binance, one of the world's leading cryptocurrency exchanges, has announced an update to the leverage and margin levels of several perpetual contracts. The changes, set to take effect on February 18, 2025, at 17:30, will impact AMBUSDT, STMXUSDT, MKRUSDT, ETCUSDT, TIAUSDT, OMUSDT, and BNXUSDT USDⓈ-M perpetual contracts.

Existing open positions may be affected by the update, and users are advised to make necessary adjustments before the change. The update may render the contract's grid operation invalid due to the changes in leverage and margin tiers.

The update comes as part of Binance's ongoing efforts to enhance the user experience and improve the overall trading environment. The exchange has been actively working to optimize its trading platforms and services, with a focus on providing users with more flexible and secure trading options.

In recent months, Binance has introduced several new features and services, including the launch of its decentralized exchange (DEX) and the expansion of its margin trading platform. The exchange has also been actively engaged in the development of new cryptocurrencies and blockchain technologies, with a particular focus on the growth of the decentralized finance (DeFi) ecosystem.

The update to the leverage and margin levels of perpetual contracts is the latest in a series of moves by Binance to strengthen its position as a leading cryptocurrency exchange. As the cryptocurrency market continues to evolve, Binance remains committed to providing users with innovative and secure trading solutions.

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