• 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

Garrett Jin's Strategic Multi-Asset Approach Signals Confidence in Crypto Market

chest

Garrett Jin's strategic multi-asset approach signals confidence in the crypto market.

user avatarLi Weicheng

HYPE Reaches New Heights as Strategic Accumulation by Trader Garrett Jin Gains Attention

chest

HYPE has surged above its previous all-time highs, reaching 65 yesterday, driven by significant accumulation from trader Garrett Jin.

user avatarAisha Farooq

Noah Doe Seeks Legal Ownership of 39,069 Abandoned Bitcoin Wallets

chest

A New York man, Noah Doe, has filed a lawsuit seeking ownership of 39,069 abandoned Bitcoin wallets he discovered using a self-developed algorithm.

user avatarTenzin Dorje

Bank of America Shifts Focus to Bitcoin, Reduces Ethereum Exposure

chest

Bank of America has significantly increased its Bitcoin investments while reducing its holdings in Ethereum and Solana.

user avatarBayarjavkhlan Ganbaatar

Buterin Advocates for Ethereum's Technical Direction

chest

Buterin advocates for Ethereum's technical future, emphasizing censorship resistance, openness, privacy, and security over speed and scalability.

user avatarMohamed Farouk

Ethereum Price Encounters Resistance and Support Zones.

chest

Ethereum's price is currently experiencing a downside correction, facing key resistance and support levels.

user avatarElias Mukuru

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.