Binance Announces Major Update for SHIB, ADA, FLOKI, and HBAR | What’s Next?

Binance Announces SHIB, ADA, and FLOKI for HBAR

On November 19, Binance announced major updates to the leverage and margin pairs for several USD-M perpetual contracts. These include ADA/USDT, SHIB/USDT, FLOKI/USDT, and SHIB/USDT. These pairs are designed to enhance market stability by adjusting leverage options across different position sizes. This impacts both small and large traders.

For ADAUSDT contracts, positions below $10,000 will maintain a leverage of 51-75 with a 0.50% maintenance margin. Positions between $10,000 and $50,000 will see their leverage reduced from 1.00 50 to 26-40. While the margin rate remains at x-41, similar adjustments have been made to contracts such as BONKUSDT and SHIBUSDT . This affects leverage and margin rates

for different position sizes.

According to Binance, the world’s largest cryptocurrency exchange,

these updates are aimed at creating a more balanced risk environment.

Traders should review the updated leverage levels

to ensure they are in line with their positions.