Last updated: 25 Sep 2024
In this article, you will learn:
In this article, you will learn:
- What is Cross Margin Pro
- The difference between Cross Margin Pro and Cross Margin Classic
- Frequently Asked Questions about Cross Margin Pro
- Countries that don’t support 10x leverage
What is Cross Margin Pro?
Binance Cross Margin Pro is a product for advanced traders. It supports up to 10x* leverage and requires reduced Initial and Maintenance Margins. Please refer to the step-by-step guide in How to Activate the Cross Margin Pro Mode on Binance? for more details.
Note, the Max leverage supported will differ depending on your region. Please check the restricted countries list at the end of this article.
Note, the Max leverage supported will differ depending on your region. Please check the restricted countries list at the end of this article.
Difference between Cross Margin Pro and Cross Margin Classic
Mode | Cross Margin Classic | Cross Margin Pro |
| Margin Type | Cross Margin You’re able to switch to the Cross Margin Pro mode if the Collateral Margin Level in the Classic mode is above 1.25. | Cross Margin You’re able to switch back to Cross Margin Classic if the Collateral Margin Level (in the Classic mode) is above the Initial Risk Ratio. |
| Leverage | Fixed at account level, 3x or 5x | Leverage and borrow amount are set according to the loanable coin’s risk bracket. The maximum leverage is 10x, depending on your region. Higher leverage corresponds with lower borrowing amount, whereas lower leverage corresponds with higher borrowing amount. |
| Margin Level | = Total Asset / (Total Liability + Interest) | = ∑Net Equity / ∑Required Maintenance Margin *Please refer to the calculation example under the “Example” section. |
| Liquidation Margin Level Trigger Threshold | Margin Level ≤ 1.1 (Cross Margin 3x and 5x leverage) | Margin Level ≤ 1.0 (Cross Margin Pro mode) |
| Borrowing Limits | Tiered, based on VIP level and initial Margin requirement | Tiered, based on VIP level and tiered position Due to a lower Initial Margin requirement, the Cross Margin Pro mode enables higher capital efficiency. |
| Collateral Margin Level Impact | The maximum borrowing amount and the maximum transfer-out amount are impacted. Liquidation is not affected by asset haircut. | Only the maximum transfer-out amount is impacted. Liquidation is not affected by asset haircut or collateral margin level. |
Frequently Asked Questions
1. Can I customize my Margin Call Ratio (MCR) in the Cross Margin Pro mode?
You retain the option to customize your own Margin Call Ratio (MCR) in the Cross Margin Pro mode. However, the MCR must fall between 1.3 and 2. The default MCR for Cross Margin Pro is 1.5.
2. Will my customized MCR remain the same after switching?
When you initially switch to the Cross Margin Pro mode, your MCR will automatically default to 1.5. However, once you have customized your MCR in both the Pro and Classic modes, these settings will be retained in the system. Consequently, they will be set as the default MCR when you toggle between the Classic and Pro modes.
Restricted Countries
| Countries that do not support 10x leverage |
| France (FR) |
| UK (GB) |
| Portugal (PT) |
| Austria (AT) |
| UAE (AE) |
Disclaimer and Risk Warning: Digital asset prices are subject to high market risk and price volatility. The information provided does not constitute, in any way, a solicitation or recommendation or inducement to buy or sell the products. The value of your investment may go down or up, and you may not get back the amount invested. Cross-margining contributes to providing greater leverage than a regular margin account, and greater leverage creates greater losses in the event of adverse market conditions. There is increased risk that a user's cross-margin positions will be liquidated involuntarily, causing possible loss. Comments and analysis do not constitute a commitment or guarantee on the part of Binance. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. This product may not be available in certain countries. This content is not intended for users/countries to which prohibitions/restrictions apply. For more information, see our Terms of Use and Risk Warning.