According to an official announcement from COINOTAG on October 25, 2024, Binance Contracts has made significant adjustments to the leverage and margin tiers for several U-margin perpetual contracts. This update specifically pertains to the trading pairs ICPUSDT, 1INCHUSDT, DARUSDT, ROSEUSDT, EGLDUSDT, RSRUSDT, and SSVUSDT. The changes will take effect at 16:30 (UTC+8). Importantly, existing positions held by users will remain unaffected by the newly implemented leverage specifications. This adjustment aims to enhance trading flexibility and risk management for investors in the evolving landscape of cryptocurrencies. As traders continue to navigate market dynamics, understanding these updates can be crucial for optimizing their investment strategies.
Timely, reliable coverage of breaking news, insights, and analyses on Bitcoin and cryptocurrencies since 2018.
Disclaimer: The information provided on COINOTAG NEWS is for informational purposes only and should not be considered financial or investment advice. Always conduct your own research and consult with a financial advisor before making any investment decisions.
© COINOTAG News 2024