On October 23, COINOTAG published an official announcement detailing significant changes to Binance’s trading infrastructure. The cryptocurrency exchange is set to launch a unified account system for its standard users, eliminating the previous requirement of a minimum full-position leverage and a contract wallet balance of 10,000 USDT. This overhaul is designed to streamline user access, allowing traders to leverage more than 350 collateral assets across various contract types, including U-margin and coin-margin contracts, as well as full-position leverage products. This enhancement aims to boost user engagement and provide a more flexible trading environment. Users interested in these advanced features can activate the unified account via the Binance contract and leverage trading interfaces.
Source: https://en.coinotag.com/breakingnews/binance-updates-unified-account-launch-for-users-trade-u-margin-and-coin-margin-contracts-without-minimum-balance-requirements/