• 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

Escalating Middle East Tensions Impacting Global Markets

chest

Rising tensions in the Middle East are raising fears of crude oil supply disruptions, affecting global market sentiment.

user avatarJacob Williams

Ripple Expands into Turkey with RLUSD Launch

chest

Ripple has launched its USD-backed stablecoin RLUSD in Turkey, partnering with local exchanges to tap into the $200 billion crypto market.

user avatarZainab Kamara

Altcoin Season May Be Here as Bitcoin Whales React

chest

The Altcoin Season Index suggests that an alt season may be underway as Bitcoin whales show increased activity.

user avatarSon Min-ho

Current Altcoin Season Index Suggests Market is Not in Alt Season

chest

The Altcoin Season Index currently sits at a score of 36, indicating that the cryptocurrency market is not in an alt season.

user avatarAyman Ben Youssef

Spike in Bitcoin Whale Transactions Amid Price Crash

chest

Surge in Bitcoin whale transactions coinciding with a significant price drop.

user avatarTando Nkube

Toncoin's Native Token Rebranded to Gram

chest

Toncoin's native token has officially been rebranded to Gram, marking a significant step in Pavel Durov's Make TON Great Again initiative.

user avatarKofi Adjeman

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.