Binance Boosts TRUMP Leverage to 50x

user avatar

by Giorgi Kostiuk

2 years 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.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Meta Platforms' Shares Surge Following AI Assistant Launch

chest

Meta Platforms' shares rose over 6% after the launch of its AI assistant, Muse, which helps users manage tasks and goals.

user avatarTomas Novak

Galaxy Announces $5 Million Funding for Bitcoin Quantum Security Research

chest

Galaxy announced up to $5 million in funding for Bitcoin quantum-security work, including developer grants, research, and an advisory council.

user avatarMaya Lundqvist

IonQ Launches Superion 256 Quantum Computer with Orders Open for 2027 Delivery

chest

IonQ has launched its Superion 256 quantum computer, opening orders for delivery in 2027.

user avatarKaterina Papadopoulou

Prediction Markets Show Shifts in Oil Price Expectations

chest

Prediction markets are reacting to oil price fluctuations, with traders speculating on whether crude will reach $120 or fall to $55 first.

user avatarAisha Farooq

Record Diesel Prices Hit Ahead of Midterm Elections

chest

Record diesel prices reached a high of 594 a gallon, raising concerns about consumer affordability ahead of the midterm elections.

user avatarLi Weicheng

Brent Crude Surpasses $100 Amid Geopolitical Tensions

chest

Brent crude oil prices rose above $100 for the first time in six weeks due to geopolitical tensions, including attacks on Saudi oil facilities and US military responses.

user avatarLeo van der Veen

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.