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 Hiding Place 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, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Continuous Ecosystem Maintenance in Solana's November Update

The November update reflects ongoing maintenance efforts within the Solana ecosystem, crucial for supporting demanding financial applications.

user avatarGustavo Mendoza

Improvements in Solana's JavaScript SDK Build Process

The changelog reveals a significant reduction in the JavaScript SDK build process time, promising enhanced productivity for developers.

user avatarMaria Fernandez

Circle Proposes Stablecoins for AI Agent Payments

Circle proposes that stablecoins could serve as a vital payment layer for AI agents, enabling automated transactions for software and services.

user avatarDiego Alvarez

Ethereum Wallet Activates After Over a Decade

An early Ethereum wallet has transferred approximately $46 million worth of ETH after being inactive for over 11 years.

user avatarKenji Takahashi

Solana's November 5 Developer Changelog Highlights Tooling and Validator Improvements

The latest developer changelog from Solana emphasizes a series of tooling and validator enhancements rather than a major network upgrade.

user avatarRajesh Kumar

Bitcoin Faces Critical Resistance as Market Dynamics Shift

Bitcoin's price action indicates critical resistance levels that need to be reclaimed for a sustained recovery.

user avatarMiguel Rodriguez

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.