BREAKING
199d 20h ago

Binance Revises Cross-Collateral & Perpetual Leverage — AXS Collateral Ratio Reduced, SIGN/SKY Increased (Sept 30 & Oct 3)

AXS

AXS/USDT

$1.092
+1.30%
24h Volume

$24,584,964.49

24h H/L

$1.138 / $1.08

Change: $0.0580 (5.37%)

Funding Rate

-0.0071%

Shorts pay

Data provided by COINOTAG DATALive data
AXS
AXS
Daily

$1.094

-2.67%

Volume (24h): -

Resistance Levels
Resistance 3$1.7017
Resistance 2$1.1622
Resistance 1$1.1244
Price$1.094
Support 1$1.075
Support 2$1.0254
Support 3$0.9890
Pivot (PP):$1.107
Trend:Downtrend
RSI (14):44.0

On September 28, COINOTAG reported that Binance will implement changes on September 30 and October 3 to its Cross Collateral feature and USDT-Margined Perpetual Contracts. The exchange is set to modify collateral ratios, raising requirements for tokens such as SIGN and SKY while lowering them for assets like NEIRO and AXS, and will adjust maximum leverage and margin tiers for contracts including PUMPBTC and QUICK.

These updates may impact open positions and algorithmic strategies such as grid trading; market participants should proactively assess portfolio exposure, update risk parameters, and consider closing or hedging vulnerable positions ahead of the scheduled adjustments to reduce the likelihood of margin calls or forced liquidations.

Share News:
Don't Miss Breaking News