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Important Updates to Binance Margin Liquidation Fees (2024-08-12)
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
To better protect our users and help ensure market stability, Binance will update the Binance Margin Liquidation Fees at 2024-08-12 06:00 (UTC).
Updates to Binance Margin Liquidation Fees
Category | Liquidation Fees (Current) | Liquidation Fees (New) |
Cross Margin | (Cross Margin Liquidated Assets) * 2% | (Cross Margin Liquidated Assets) * 2% |
Cross Margin Pro | (Cross Margin Pro Liquidated Assets) * 2% | (Cross Margin Pro Liquidated Assets) * 3% |
Isolated Margin | (Isolated Margin liquidated assets) * (Clearance fee rate corresponding to Tiered Leverage) | (Isolated Margin Liquidated Assets) * 2% |
Note: 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.
Further Information:
Margin Trading Overview
What Is Margin Insurance Fund
How to Use Short (Buy/Sell) on Margin Trading
How to Use Long (Buy/Sell) on Margin Trading
Thank you for your support!
Binance Team
2024-08-02
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