• 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

Kindred Labs and IPX Join Forces to Launch AI Companions

chest

Kindred Labs has announced a strategic partnership with IPX to develop AI companions featuring popular characters like BROWN.

user avatarJacob Williams

Revised Editorial Guidelines Focus on Improved Precision and Objectivity.

chest

A new editorial policy has been established to ensure accuracy, relevance, and impartiality in content.

user avatarZainab Kamara

Bitcoin Rises Due to Geopolitical Strains.

chest

Bitcoin rebounds from recent lows, reaching a one-month high despite ongoing geopolitical conflicts.

user avatarSon Min-ho

David Bailey Discusses Challenges of Bitcoin Adoption in Government

chest

David Bailey discusses the political challenges of Bitcoin adoption in government, emphasizing the need for a budget-neutral approach and the impact of increased Bitcoin ownership on pro-Bitcoin policies.

user avatarAyman Ben Youssef

Robinhood Platinum Card vs. Gold Card: What's the Difference?

chest

The Robinhood Platinum Card offers enhanced benefits compared to the Gold Card.

user avatarKofi Adjeman

Robinhood Unveils Premium Platinum Card for Travelers

chest

Robinhood has launched its Platinum Card, a premium credit card for travelers, offering significant rewards and benefits.

user avatarTando Nkube

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.