Updates on Maintenance Margin Tiers of USDⓈ-M RSR Perpetual Contracts (2022-10-03)

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2022-10-02 21:00

Fellow Binancians,Binance Futures will adjust the maintenance margin tiers of the USDⓈ-M RSR Perpetual Contracts on 2022-10-03 at 13:00 , as reflected in the table below. The maintenance margin rate will be adjusted for the first tier. Existing positions opened before the update will be affected. It is strongly advised to adjust the position and leverage prior to the adjustment in order to avoid any potential liquidation. Updates to Margin Tiers:RSRUSDT .Previous Leverage and Margin TiersNew Leverage and Margin TiersLeveragePositionBefore ChangeMaintenance Margin Rate Leverage After ChangePositionAfter ChangeMaintenance Margin Rate 21 - 25x0 Position ≤ 5,0001.00%21 - 25x0 Position ≤ 5,0002.00%11 - 20x5,000 Position ≤ 25,0002.50%11 - 20x5,000 Position ≤ 25,0002.50%6 - 10x25,000 Position ≤ 100,0005.00%6 - 10x25,000 Position ≤ 100,0005.00%3 - 5x100,000 Position ≤ 250,00010.00%3 - 5x100,000 Position ≤ 250,00010.00%2x250,000 Position ≤ 1,000,00012.50%2x250,000 Position ≤ 1,000,00012.50%1x1,000,000 Position ≤ 5,000,00050.00%1x1,000,000 Position ≤ 5,000,00050.00%Notes:It is important to note that the maintenance margin change will directly affect liquidation price. Users who hold existing positions of USDⓈ-M Perpetual Contracts will be affected. To avoid being liquidated , please add more margin to your USDⓈ-M Futures account or reduce your positions. It is recommended to control the margin ratio below 80%..Maintenance margin rate change will affect the funding rate. Capped Funding Rate = clamp . For more details on funding rate, please refer to Introduction to Binance Futures Funding Rates..Further information:Liquidation.Leverage and Margin of USDⓈ-M Futures Contracts.Thanks for your support!Binance Team2022-10-03Trade on-the-go with Binance's crypto trading app Find us on Telegram: https://t.me/binanceexchangeTwitter: https://twitter.com/binanceFacebook: https://www.facebook.com/binanceInstagram: https://www.instagram.com/binanceBinance reserves the right in its sole discretion to amend or change or cancel the products referred to in this announcement at any time and for any reasons without prior notice.Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Futures trading, in particular, is subject to high market risk and price volatility. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.