Binance Copy Trading Introduces Leverage Limits for Lead Trader Portfolios

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

As part of its risk control measures, Binance Copy Trading will be introducing leverage limits for lead trader portfolios. 

Effective from 2024-02-21 08:00 (UTC), lead traders may only open new positions with up to 5x leverage when their respective portfolios’ AUM (Assets Under Management) exceed 1,000,000 USDT. Lead traders with an AUM of 1,000,000 USDT or lower are not impacted. This will help copy traders reduce their exposure to lead trader portfolios and mitigate risks, thereby better protecting users.

About Binance Copy Trading

Copy Trading allows users to copy experienced traders’ portfolios in real time. After determining the investment amount, the system will automatically copy trades from the lead traders’ portfolios that users select. Novice traders may familiarize themselves with the crypto market via Copy Trading, and build up their strategizing and trading techniques.

Further Information

• What Is Copy Trading

• How to Lead Trade on Binance Futures

• How to Use Copy Trading on Binance Futures

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 Team

2024-02-21