On December 12, 2024, Binance Contracts executed a significant update, enhancing the leverage and margin levels for various U-based perpetual contracts. This adjustment, reported by COINOTAG, affects prominent trading pairs such as FTMUSDT, 1000SHIBUSDT, PNUTUSDT, LTCUSDT, LINKUSDT, WLDUSDT, and BCHUSDT. The revisions were implemented precisely at 17:15 UTC, reflecting Binance’s commitment to optimizing trading conditions amidst an evolving cryptocurrency market. Such changes in leverage and margin settings are critical as they directly influence traders’ strategies and risk management approaches in handling digital assets. Investors are encouraged to review the updated terms on Binance’s official platform to ensure informed trading decisions in light of the new settings.
Source: https://en.coinotag.com/breakingnews/binance-contracts-adjusts-leverage-and-margin-levels-for-ftmusdt-and-other-key-crypto-pairs-on-december-12-2024/