• 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 Seeks Regulatory Clarity from SEC on Stablecoins and Nonsecurities

chest

Ripple has submitted a follow-up letter to the SEC Crypto Task Force seeking clearer regulations for payment stablecoins and nonsecurities.

user avatarNguyen Van Long

Satoshiera Miner Transfers $203 Million in Bitcoin to OTC Desks

chest

A Satoshiera Bitcoin miner transferred 2,650 BTC, valued at around $203 million, to major OTC trading desks.

user avatarJesper Sørensen

BlackRock-Linked Bitcoin Wallets Experience Major Outflows

chest

BlackRock's iShares Bitcoin Trust experienced significant outflows, with wallets linked to the firm selling over $1 billion in Bitcoin last week.

user avatarSatoshi Nakamura

Robinhood Stock Sees Minor Increase Despite Year-to-Date Decline

chest

Robinhood's stock saw a minor increase of nearly 2% after the announcement of new AI trading agents, but it has declined 36% year-to-date, raising concerns about its performance.

user avatarLucas Weissmann

SUI Shows Signs of Stability Amid Market Concerns

chest

SUI shows signs of stability amid market concerns, finding support at a key technical confluence zone and indicating potential for a rebound despite broader market risks.

user avatarRajesh Kumar

Robinhood Launches AI Trading Agents for Enhanced User Experience

chest

Robinhood Markets has launched a new feature allowing customers to use AI agents for stock trading and credit card purchases.

user avatarFilippo Romano

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.