Binance expands trading limits for BFUSD users at all VIP levels.
In an official announcement, Binance announced the increase of the maximum position limit for the collateral asset based on the unique profit of Binance Futures, BFUSD. The upgrade, which will increase trading capacity and flexibility for users at VIP levels from 0 to 9, will take effect on December 17, 2024, at 15:00 (UTC+8).
Traders can use BFUSD as collateral for USDT-M futures contracts and receive USDT rewards daily. With VIP limit 0 increased from 250,000 BFUSD to 400,000 BFUSD and VIP limit 9 increased from 5,000,000 BFUSD to 8,000,000 BFUSD, the new restrictions demonstrate Binance's commitment to improving user capabilities.
Each main account and sub-account has its own updated restriction set. Although it is not possible to directly buy BFUSD for virtual sub-accounts, users can use Binance's API to transfer BFUSD from their main account.
For real-time changes, traders are advised to check Binance Futures trading rules. It should be noted that buying or exchanging BFUSD via API is still not supported. The goal of these improvements is to help traders maximize profits and refine their trading strategies.