Binance Will Update The Collateral Ratio of Multiple Assets Under Portfolio Margin (2024-07-30)

Fellow Binancians,

Binance will update the collateral ratio for the following assets under Portfolio Margin from 2024-07-30 06:00 (UTC). The update will be completed within approximately one hour.

Please Note: 

• Collateral ratio will affect the Unified Maintenance Margin Ratio (uniMMR). Users should monitor uniMMR closely to avoid any potential liquidation or losses that may result from the change of collateral ratio. 

• There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

For More Information:

• Introduction to Binance Portfolio Margin Mode

• Binance Portfolio Margin Trading Rules

• Binance Portfolio Margin Mode Transfer-in Limits, Position Limits, Leverage, Supported Collateral and Rates

Thank you for your support!

Binance Team

2024-07-29

Note: This announcement was updated on 2024-07-29 to clarify that the Collateral Ratio of BANANA will be updated to 25%.