Binance to close margin accounts with under $1 debt daily from October 27
- —Accounts with debt under $1 will be closed daily from October 27
- —Margin accounts idle for six months will also be targeted
- —Activity includes transfers, loans, repayments and position closures
- —The $1 threshold applies to combined debt across all currencies
Why it matters: Binance is automatically clearing tiny and dormant margin accounts, reducing the buildup of dust debts and risks for users.
Source: TokenPost