Binance Contracts Update: New Leverage and Margin Ladder for TAOUSDT and Other Altcoins

On October 23, 2024, Binance Contracts officially announced a significant update to the leverage and margin ladder for a selection of U-margin perpetual contracts. The affected trading pairs include TAOUSDT, TURBOUSDT, DOGSUSDT, JUPUSDT, ARKMUSDT, DIAUSDT, MYROUSDT, AXLUSDT, BRETTUSDT, and GASUSDT. This adjustment is set to take effect at 16:30 Eastern Time. Importantly, users’ current positions remain secure and will not experience any alterations due to this update. Such changes are part of Binance’s ongoing commitment to enhancing trading conditions and ensuring optimal risk management for its users. Traders should carefully review these updates to align their strategies accordingly, as optimized leverage and margin settings can significantly impact trading outcomes.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.