Hello, This is COVEST
Binance Futures will update the leverage and margin tiers of the USDT-Margined LUNA Perpetual Contracts on 2022-05-12, with the new leverage and margin tiers reflected in the table below. The change will take effect at 08:00 AM (UTC) at the earliest and no later than 08:30 AM (UTC). The max leverage and initial margin rate has been adjusted in each tier. Existing positions opened before the update will not be affected.
The max leverage of USDT-Margined LUNA Perpetual Contracts has been reduced to 8x.
|
Earlier Leverage
|
New Leverage
|
Position
|
Initial Margin Rate
|
|
21-25x
|
8x
|
0 < Position ≤ 50,000
|
12.50%
|
|
11-20x
|
7x
|
50,000 < Position ≤ 250,000
|
14.29%
|
|
6-10x
|
6x
|
250,000 < Position ≤ 1,000,000
|
16.67%
|
|
5x
|
5x
|
1,000,000 < Position ≤ 2,000,000
|
20.00%
|
|
4x
|
4x
|
2,000,000 < Position ≤ 5,000,000
|
25.00%
|
|
3x
|
3x
|
5,000,000 < Position ≤ 10,000,000
|
33.33%
|
|
2x
|
2x
|
10,000,000 < Position ≤ 15,000,000
|
50.00%
|
|
1x
|
1x
|
15,000,000 < Position ≤ 50,000,000
|
100.00%
|
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that COVEST is not responsible for your trading losses.
Thanks for your support!
Thanks for your support!
COVEST Team
2022-05-12
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