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Binance Will Update The Collateral Ratio of Multiple Assets Under Portfolio Margin ( 2024-06-28)

Binance Will Update The Collateral Ratio of Multiple Assets Under Portfolio Margin ( 2024-06-28)

2024-06-27 06:00

Fellow Binancians,

Binance will update the collateral ratio for the following assets under Portfolio Margin from 2024-06-28 06:00 (UTC). The update will be completed within approximately one hour.

Assets

Collateral Ratio (Before)

Collateral Ratio (After)

PEPE

45%

60%

WIF

45%

60%

NOT

10%

40%

LISTA

10%

30%

ZRO

10%

30%

ZK

10%

30%

IO

10%

30%

Please Note: 

  • Collateral ratio would 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:

Thank you for your support!

Binance Team

2024-06-27

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Futures trading, in particular, is subject to high market risk and price volatility. You may be called upon at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, your collateral may be liquidated without your consent. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.