Binance has updated leverage and margin levels for select trading pairs, providing traders with improved trading conditions along with inherent risks and rewards.
Changes to Binance Futures Terms
Binance Futures updates leverage and margin for contracts including DAR, ME, CAKE, IOTA, LPT, ONE, and ZEN. These changes will take effect at 08:15 UTC on December 19, 2024.
USDⓈ-M Contract Updates
USDⓈ-M stands for USD-Margined Futures, offered in stablecoins pegged to the US dollar like USDT or BUSD. The leverage tiers will vary from 1x to 75x, empowering traders in the crypto market.
Benefits and Risks of Updated Terms
New maintenance margin rates range from 1% to 50%. While leverage increases potential returns, it also raises the risk of loss. Adjusting margin and leverage tiers offers more choices for traders to manage risk and capitalize on the volatile crypto market.
Traders should ensure they are familiar with the platform's trading rules and employ risk management strategies, especially when dealing with high-leverage instruments.
