Exchanges· ★★· neutral·

Binance to adjust leverage and margin tiers for 16 USDT perpetuals on September 25

  • —16 contracts affected: COOKIE, TLM, EPIC, RAVE, DODOX, MOVE, SOPH, AVA, AWE, ARK, B2, UAI, VELODROME, BLUR, MOVR, LSK
  • —Update starts September 25 at 14:30 (UTC+8) and should take about one hour
  • —Positions opened before the update will be affected by the new parameters
  • —Binance advises traders to adjust positions and margin in advance
Why it matters: New leverage and margin tiers change collateral requirements and liquidation risk for open positions in these contracts.
Source: PANews
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