• 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

a year 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

Ripple Payments Set to Support G20's 2030 Domestic Payment Standards

chest

Ripple Payments is recognized as a technology supporting the G20's 2030 domestic payment standards, aiming for efficient and cost-effective cross-border transactions.

user avatarMaya Lundqvist

South Korea Launches Pilot for Blockchain-Based Government Payments

chest

The South Korean government is initiating a pilot project to replace government expense credit cards with blockchain-based deposit tokens.

user avatarLeo van der Veen

XRP Price Volatility Amid Geopolitical Uncertainties

chest

The Ripple XRP price is experiencing significant volatility, struggling to reach new highs due to geopolitical uncertainties. Investors are cautious, but patterns suggest potential for a price rally.

user avatarAisha Farooq

Market Predictions for XRP Price Growth

chest

CoinCodex forecasts significant price growth for XRP, predicting it could reach $5 by 2030. Investors may consider long-term investments based on these predictions.

user avatarLi Weicheng

Drift Protocol Partners with Tether for User Recovery

chest

Drift Protocol partners with Tether to support recovery efforts after a $285 million exploit.

user avatarBayarjavkhlan Ganbaatar

Circle Faces Backlash for Lack of Response to Drift Protocol Exploit.

chest

Circle criticized for inaction during Drift Protocol exploit, where stolen assets were moved without intervention.

user avatarTenzin Dorje

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.