"Binance Update: Enhanced Collateral Ratios for Key Tokens!

Binance is increasing collateral ratios for popular crypto assets, effective July 30, 2024. This change aims to improve trading experiences and risk management.

Updated collateral ratios:

- PEPE: 60% to 75%

- BONK: 40% to 75%

- NOT: 40% to 75%

- NEAR: 75%

- BANANA & BB: 10% to 50%

- ZRO & IO: 30% to 50%

Higher collateral ratios reduce liquidation risks and protect against market volatility. Monitor your positions closely and adjust your strategies to take advantage of these updates!

Follow for more updates and info. #BinanceUpdate #CollateralRatios #CryptoTrading"