Binance Futures Will Update the Leverage & Margin Tiers of USDⓈ-M LINAUSDT Perpetual Contract

Binance Futures will adjust the leverage and margin tiers of the USDⓈ-M LINAUSDT Perpetual Contract at 2023-06-03 03:00 (UTC), as per the table below. Existing positions opened before the update will be affected. It is strongly advised to adjust the position and leverage prior to the adjustment in order to avoid any potential liquidation. 

Updates to Leverage & Margin Tiers:

• LINAUSDT (USDⓈ-M Perpetual Contract)

Please Note: 

• Users are advised to adjust margin balance to avoid potential liquidation.

• In order to protect users and prevent potential risks in extremely volatile market conditions, Binance Futures may undertake additional protective measures toward the USDⓈ-M LINAUSDT Perpetual Contract without further announcement, including but not limited to adjusting the maximum leverage value, position value, and maintenance margin in each margin tier, updating funding rates such as the interest rate, premium and capped funding rate, changing the constituents of the price index, and using the Last Price Protected mechanism to update the Mark Price.

• Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

For more information:

• Trading Rules of USDⓈ-M Futures Contracts

• Leverage and Margin of USDⓈ-M Futures Contracts

• Mark Price and Price Index

Thanks for your support!

Binance Team

2023-06-02

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

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