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      Binance Will Update the Collateral Ratio of Multiple Assets Under Portfolio Margin (2024-09-03)

      Binance's logo Binance Spt 02, 2024 08:33:54

      Fellow Binancians,

      Binance will update the collateral ratio for the following assets under Portfolio Margin from 2024-09-03 06:00 (UTC). The update will be completed within approximately one hour.

      Assets

      Collateral Ratio (Before)

      Collateral Ratio (After)

      FLOKI

      35%

      40%

      TON

      20%

      30%

      DOGS

      10%

      30%

      RENDER

      10%

      30%

      SUN

      10%

      30%

      RARE

      10%

      30%

      ADX

      10%

      20%

      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

      2024-09-02

      Read the original article at binance

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