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Binance Will Update The Collateral Ratio of Multiple Assets Under Portfolio Margin (2024-07-30)
Fellow Binancians,
Binance will update the collateral ratio for the following assets under Portfolio Margin from 2024-07-30 06:00 (UTC). The update will be completed within approximately one hour.
Assets | Collateral Ratio (Before) | Collateral Ratio (After) |
PEPE | 60% | 75% |
NOT | 40% | 75% |
NEAR | 45% | 75% |
BONK | 50% | 75% |
BANANA | 10% | 50% |
ZRO | 30% | 50% |
IO | 30% | 50% |
BB | 10% | 35% |
Please Note:
Collateral ratio will 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:
Introduction to Binance Portfolio Margin Mode
Binance Portfolio Margin Trading Rules
Binance Portfolio Margin Mode Transfer-in Limits, Position Limits, Leverage, Supported Collateral and Rates
Thank you for your support!
Binance Team
2024-07-29
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