• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Binance Boosts TRUMP Leverage to 50x

user avatar

by Giorgi Kostiuk

10 months ago


Binance Futures recently announced changes in the leverage and margin tiers for some of its popular contracts. These adjustments affect various USDT and coin-based contracts.

Changes in Binance Futures Contracts

According to a recent notice, Binance Futures will adjust its margin tiers and leverage levels effective January 22, 2025. The enhancements apply to TRUMPUSDT, LITUSDT, DOGSUSDT, and NEIROETHUSDT contracts. The exchange assured that current user positions will remain unaffected.

Details on TRUMP Leverage Increase

The TRUMP contract's maximum leverage, previously at 25x, is now boosted to 50x. Moreover, the margin rate is reduced from 2.00% to 1.00%, with all higher tiers cut by at least 50%.

Overview of Other Contract Adjustments

For the LITUSDT contract, the leverage cut from 25x to 10x did not largely affect its margin rates, except the 25.00% tier. NEIROETH contracts also saw a leverage reduction to 15x with detailed margin tier changes. Adjustments were made for WLD and DOGS contracts in terms of maximum position tiers, while the rates themselves remain unchanged.

These updates aim to optimize resource usage and risk management for Binance Futures users.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Concerns Over Bitcoin Centralization and Market Stability

chest

Concerns are growing about Bitcoin's centralization and market stability as 25% is held by institutions and 40% by whales, leading to fears of a potential market crash.

user avatarEmily Carter

Binance Coin Price Shows Signs of Recovery

chest

Binance Coin has shifted from 835 to the 850-880 range, indicating renewed interest and potential for further gains.

user avatarMaya Lundqvist

Hyperliquid Unlocks 175M HYPE Tokens as Price Drops

chest

Hyperliquid unlocked 175 million HYPE tokens valued at over 60 million for its development team, causing the token's price to drop by more than 6% within 24 hours.

user avatarKaterina Papadopoulou

Henrik Zeberg Issues Final Warning to Bitcoin Investors

chest

World-renowned macroeconomist Henrik Zeberg warns Bitcoin investors of an impending economic crisis, predicting a two-stage shock wave with a massive peak followed by a historic collapse.

user avatarTomas Novak

OZAK AI Token Gains Traction Ahead of Major Exchange Listing

chest

The OZAK AI token is gaining attention as it approaches a potential listing on major exchanges like Binance, with presale price increasing from 0.0001 to 0.0014 and potential returns of up to 6,900%.

user avatarAisha Farooq

Binance Coin Loses Ground as Market Capitalization Drops

chest

Binance Coin's market capitalization has fallen significantly, losing its position as a top cryptocurrency.

user avatarLi Weicheng

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.