TOKENPOST
1 min read
Add as a preferred source on Google

Binance to Cut Maximum Leverage to 5x on 23 Isolated-Margin Pairs

The change takes effect Nov. 10 at 3 a.m. ET (08:00 UTC). Affected pairs include ATOMUSDT, AVAXUSDT and SUIUSDT.

By Enna Lee
Published
A steel lever rests with its fulcrum close to the load / TokenPost.ai
A steel lever rests with its fulcrum close to the load / TokenPost.ai

Binance will cut maximum leverage from 10x to 5x on 23 isolated-margin trading pairs on Nov. 10, reducing the maximum exposure available on those markets.

The affected pairs are ATOMUSDT, AVAXUSDT, BATUSDT, BCHBTC, BCHUSDT, DASHUSDT, DOTUSDT, ETCUSDT, HYPEUSDC, HYPEUSDT, IOSTUSDT, IOTAUSDT, LTCBTC, LTCUSDT, NEOUSDT, NXPCUSDT, ONTUSDT, QTUMUSDT, SUIUSDT, TRXBTC, TRXUSDT, ZECBTC and ZECUSDT.

The adjustment takes effect at 3 a.m. ET (08:00 UTC). Binance will automatically apply the related risk parameters when the change takes effect. The exchange advises users to monitor their positions and transfer assets or repay liabilities ahead of the adjustment to reduce liquidation risk.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…