Binance Futures will update the leverage and margin tiers for REEFUSDT and MAGICUSDT USDⓈ-M Perpetual Contracts on July 25 and 26, 2024, respectively. The updates will occur at 10:30 (UTC) and are expected to be completed within 30 minutes. These changes will not affect existing positions. The adjustments include various changes in leverage and margin requirements across different notional value brackets for both contracts.

USDT

MAGIC

REEF

This is a general announcement. Products and services referred to here may not be available in your region.Fellow Binancians,Binance Futures will update REEFUSDT USDⓈ-M Perpetual Contract at2024-07-25 10:30 (UTC)and MAGICUSDT USDⓈ-M Perpetual Contract at2024-07-26 10:30 (UTC)as per the tables below. Each update will be completed within approximately 30 minutes. Please note that existing positions opened before the update willnotbe affected.Updates to Leverage & Margin Tiers:REEFUSDT (USDⓈ-M Perpetual Contract)Previous Leverage and Margin TiersNew Leverage and Margin TiersLeverage Before ChangePosition Before Change (Notional Value in USDT)Maintenance Margin Rate Before ChangeLeverage After ChangePosition After Change (Notional Value in USDT)Maintenance Margin Rate After Change26 - 50x0 < Position ≤ 5,0001.50%26x0 < Position ≤ 5,0001.50%21 - 25x5,000 < Position ≤ 20,0002.00%21 - 25x5,000 < Position ≤ 20,0002.00%11 - 20x20,000 < Position ≤ 25,0002.50%11 - 20x20,000 < Position ≤ 25,0002.50%6 - 10x25,000 < Position ≤ 200,0005.00%6 - 10x25,000 < Position ≤ 200,0005.00%5x200,000 < Position ≤ 400,00010.00%5x200,000 < Position ≤ 400,00010.00%4x400,000 < Position ≤ 500,00012.50%4x400,000 < Position ≤ 500,00012.50%2x500,000 < Position ≤ 1,000,00025.00%2x500,000 < Position ≤ 1,000,00025.00%1x1,000,000 < Position ≤ 2,000,00050.00%1x1,000,000 < Position ≤ 1,500,00050.00%MAGICUSDT (USDⓈ-M Perpetual Contract)Previous Leverage and Margin TiersNew Leverage and Margin TiersLeverage Before ChangePosition Before Change (Notional Value in USDT)Maintenance Margin Rate Before ChangeLeverage After ChangePosition After Change (Notional Value in USDT)Maintenance Margin Rate After Change16 - 20x0 < Position ≤ 5,0002.00%26 - 50x0 < Position ≤ 5,0001.50%11 - 15x5,000 < Position ≤ 25,0002.50%21 - 25x5,000 < Position ≤ 20,0002.00%6 - 10x25,000 < Position ≤ 100,0005.00%11 - 20x20,000 < Position ≤ 25,0002.50%3 - 5x100,000 < Position ≤ 250,00010.00%6 - 10x25,000 < Position ≤ 200,0005.00%2x250,000 < Position ≤ 1,000,00012.50%5x200,000 < Position ≤ 400,00010.00%1x1,000,000 < Position ≤ 5,000,00050.00%3 - 4x400,000 < Position ≤ 500,00012.50%N/A2x500,000 < Position ≤ 1,000,00025.00%1x1,000,000 < Position ≤ 2,000,00050.00%For More Information:Note: There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.Thank you for your support!Binance Team2024-07-25Find us onBinance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Futures trading, in particular, is subject to high market risk and price volatility. You may be called upon at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, your collateral may be liquidated without your consent. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our. For more information, see ourand.

Binance Futures to Update Leverage and Margin Tiers for REEFUSDT and MAGICUSDT Contracts