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      Binance Futures Updates Maximum Deposit Limits of Margin Assets for Multi-Assets Mode

      Fellow Binancians,
      Effective from 2022-09-06 at 05:00 (UTC), Binance has updated the maximum deposit limits for margin assets that can be used when trading USDⓈ-M Futures in the Multi-Assets Mode. Depending on the user’s VIP Level, the maximum deposit limits for each margin asset will differ, as shown in the table below:
      Digital Assets
      Maximum Deposit Limits of Margin Assets for Multi-Assets Mode
      Regular User
      VIP 1
      VIP 2
      VIP 3
      VIP 4
      VIP 5
      VIP 6
      VIP 7
      VIP 8
      VIP 9
      BTC
      10
      40
      60
      80
      100
      120
      140
      160
      180
      200
      ETH
      100
      400
      600
      800
      1,000
      1,200
      1,400
      1,600
      1,800
      2,000
      BNB
      500
      2,000
      3,000
      4,000
      5,000
      6,000
      7,000
      8,000
      9,000
      10,000
      ADA
      15,000
      60,000
      90,000
      120,000
      150,000
      180,000
      210,000
      240,000
      270,000
      300,000
      XRP
      20,000
      80,000
      120,000
      160,000
      200,000
      240,000
      280,000
      320,000
      360,000
      400,000
      DOT
      600
      2,400
      3,600
      4,800
      6,000
      7,200
      8,400
      9,600
      10,800
      12,000
      SOL
      300
      1,200
      1,800
      2,400
      3,000
      3,600
      4,200
      4,800
      5,400
      6,000
      USDT
      Unlimited
      BUSD
      Unlimited
      Please Note:
      • Multi-Assets Mode allows users to trade USDⓈ-M Futures across BTC, ETH, BNB, BUSD, ADA, USDT, XRP, DOT and SOL, subject to the applicable haircuts. For example, when the Multi-Assets Mode is activated, users can use BUSD as margin when trading BTCUSDT Perpetual Contracts.
      • Binance USDⓈ-M Futures has ceased supporting new deposits of USDC as margin assets under Multi Assets Mode from 2022-09-07 03:00 (UTC).
      • Binance USDⓈ-M Futures Wallet will start to automatically convert USDC assets to BUSD from 2022-09-29 03:00 (UTC). The conversion will take approximately 24 hours. The conversion ratio of USDC versus BUSD is 1:1.
      • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
      For More Information:
      • What Is Multi-Assets Mode
      • Multi-Assets Information
      Thanks for your support!
      Binance Team
      2022-09-09
      Trade on-the-go with Binance’s crypto trading app (iOS/Android)
      Find us on
      Telegram: https://t.me/binanceexchange
      Twitter: https://twitter.com/binance
      Facebook: https://www.facebook.com/binance
      Instagram: https://www.instagram.com/binance
      Binance reserves the right in its sole discretion to amend or change or cancel the products referred to in this announcement at any time and for any reasons without prior notice.
      Risk Warning: 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. 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 Responsible Trading page. For more information, see our Terms of Use and Risk Warning.
      Read the original article at binance

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