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Binance Futures to Update Leverage and Margin Tiers for Select Contracts

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$ZEN
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Binance Annoucement
935Words
Jun 2, 2024

Binance Futures will update the leverage and margin tiers for OGNUSDT, ONEUSDT, and ZENUSDT USDⓈ-M perpetual contracts on 2024-06-05. The updates will affect existing positions and introduce new leverage and margin tiers for different notional value ranges. The changes aim to adjust the maintenance margin rates and leverage options available to traders, reflecting Binance's ongoing efforts to optimize trading conditions and manage risk effectively. This announcement also includes a disclaimer about the volatility of digital asset prices and the risks associated with futures trading, emphasizing the importance of making informed investment decisions.

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