In a recent announcement dated March 21, COINOTAG has reported that Binance will implement significant changes to its ORCAUSDT U Perpetual Contract. Effective March 21, 2025, at 17:15 (UTC+8), users must prepare for updated leverage and margin tiers, which are expected to impact existing positions. The alteration may also influence the contract grid strategy, potentially leading to termination for some users. It is imperative for traders to closely monitor their positions and adjust accordingly prior to this transition. The modifications underscore the increasing complexity of trading derivatives in the cryptocurrency space, emphasizing the necessity for traders to stay vigilant about platform updates and market dynamics. For optimal risk management, users should align their strategies with the new parameters before the effective date.
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