1. General Rules
1.1 These rules are designed to protect the rights and interests of Margin users on Binance by managing trading risks.
1.2 These rules apply to the Binance Cross Margin trading service, which includes Cross Margin Classic mode, Cross Margin Pro mode and other related products and offerings.
1.3 Binance Terms of Use and other relevant rules shall continue to apply.
2. Risk Control
2.1 Margin trading can amplify user’s returns, as well as the risks at the same time, the higher the leverage, the greater the returns, and the higher the risks. You should always be aware of Margin trading risks and adjust your position(s) and margin collateral(s), if any, in time to minimize that risk. All of your margin balance may be liquidated in the event of extreme price movements. Please use trading strategies at your own discretion and risk. Binance shall not be liable for any loss that might arise from your use of Binance Margin.
2.2 Binance reserves the right to monitor your accounts’ risk ratio in real time.
2.3 Binance reserves the right to take appropriate measures based on, and not limited to, changes in the risk ratio. Risk control measures that may be used include, and are not limited to:
- Force liquidation;
- Implementing a “Disable Borrow” restriction;
- Implementing a “Ban Long/Short Position” restriction;
- Prohibiting transfers, trading, and other operations for high-risk users.
3. Margin Trading Restrictions
3.1 Implementation of “Ban Long/Short Position” restrictions
The conditions for "Ban Long/Short Position" trading restrictions are determined based on a number of parameters of the user's account. This includes the user's account position notional value, the ratio of position notional value to trading asset depth, and collateral risk ratio.
| Asset Number | Position value above the number: | Ratio of position notional value to trading asset depth above | Collateral risk ratio below the value of: |
| 7 | 2,500,000 | 10 | 1.5 |
| 8 | 1,000,000 | 8 | 1.6 |
| 9 | 700,000 | 7 | 1.8 |
| 10 | 500,000 | 6 | 2 |
| 11 | 300,000 | 5 | 2.5 |
Please note:
- Different asset numbers have different trigger thresholds. Please refer to the margin data for asset serial numbers. Please note that the parameter table will be updated at any time based on market conditions.
- The system will automatically implement a “Ban Long/Short Position” restriction. Once the trading restriction is triggered, you will only be able to reduce your position, and you will not be able to increase your position or open a new position of the same asset. If you are prohibited from going long an asset, you will no longer be able to buy that asset, you will only be able to sell it; If you are prohibited from shorting an asset, you will no longer be able to sell the asset, you will only be able to buy it. Until the trading restrictions are lifted.
- When a trading restriction is triggered, you will receive an email, an inmail and an App Push notifications at the same time.
- Single-asset trading restriction: The system calculates the position risk parameters of each asset separately and triggers the trading restriction for that asset individually; The trading limit for this asset does not affect the trading of other assets.
- Trading Restrictions for parent account accumulation: If you trade through multiple linked sub accounts, and the aggregated position per asset across all sub-accounts to the total open positions triggers the risk parameter threshold, Binance reserves the right to implement trading restrictions on that asset ("Ban Long/Short Position") on all relevant accounts.
- Should there be a restriction to your transaction, you will see a restriction message displayed on the trading page interface.
3.2 Lifting of the “Ban Long/Short Position” restrictions
When the user's position is reduced by 50%, the system will automatically lift the trading restriction within 1 minute.
When the transaction restriction is lifted, users will receive an email, an inmail, and an App Push notification.
To learn more about Binance Cross Margin Trading, visit the Cross Margin FAQs page.
Disclaimer: Please note that due to extreme market movements, the margin level might hit the liquidation ratio immediately after touching the margin call ratio. Your positions might get liquidated before Auto Top-up can be performed in this case. You are strongly advised to monitor the margin level closely to avoid losses. Binance shall not be liable for any loss incurred.