On October 28, 2024, Binance announced a significant update to the leverage and margin tiers for several U-margin perpetual contracts, including DOGEUSDT, APEUSDT, MEWUSDT, ARBUSDT, BIGTIMEUSDT, RUNEUSDT, 1000CATUSDT, MEMEUSDT, PIXELUSDT, and UMAUSDT. The updates, which will take effect at 16:50 Eastern Time, are designed to enhance trading efficiency and risk management for users engaging in cryptocurrency futures trading. Importantly, the adjustments will not impact users’ existing positions, providing a seamless transition for traders. This move reflects Binance’s continuous efforts to optimize its platform amidst evolving market conditions, ensuring that traders have access to the latest financial tools to navigate the dynamic crypto landscape.
Source: https://en.coinotag.com/breakingnews/binance-updates-leverage-and-margin-tiers-for-dogeusdt-and-other-contracts-on-october-28-2024/