Binance Futures Updates Leverage and Margin Tiers for IOTX USDⓈ-M Perpetual Contracts

Friday, June 14, 2024 7:26 AM

Binance Futures is set to update the leverage and margin tiers for several USDⓈ-M Perpetual Contracts, including KSMUSDT, DASHUSDT, IOTXUSDT, ASTRUSDT, and KAVAUSDT, starting June 18, 2024, at 06:00 UTC. The update will affect existing positions opened before the change. Traders are advised to review the updated trading rules, leverage and margin requirements, as well as the mark price and price index for these contracts. Binance emphasizes the importance of responsible trading and advises users to assess the risks and potential benefits of their transactions. The platform reserves the right to amend or cancel this announcement without prior notice. Please note that digital asset prices can be volatile, and past performance is not a reliable indicator of future results. Binance is not liable for any losses incurred by users.

Source: binance.com

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