Bitcoin Exchange Binance Shared an Announcement About PEPE, WIF and These 5 Altcoins!
Binance will update collateral rates on some altcoins.
Binance, the world's largest cryptocurrency exchange, continues to come to the fore with its altcoin announcements. Binance recently shared an announcement regarding 7 popular altcoins. According to the latest announcement, the successful exchange will update the collateral rates on some altcoins.
When we examine the list shared by Binance, it is observed that the collateral rate of PEPE and WIF has been increased to 60%, NOT to 40%, and LISTA, ZRO, ZK and IO to 30%.
Sharing an announcement text on the subject, Binance shared the following information about collateral rates:
âBinance will update the collateral rate of the following assets within the scope of Portfolio Margin as of 28.06.2024 09:00 (UTC).
PEPE, WIF, NOT, LISTA, ZRO, ZK and IO
The margin rate will affect the Unified Maintenance Margin Rate (uniMMR).
Users should monitor uniMMR closely to avoid possible liquidations or losses that may result from changes in the collateral rate.
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