Binance Futures, one of the leaders in the crypto derivatives market, has made new arrangements in the trading instruments it offers to its users. The platform updated the leverage and margin rates of 12 different USDⓈ-M perpetual futures contracts on November 19, 2024 at 10:30 (UTC). This update aims to adapt to investors’ risk management strategies and market dynamics. However, existing positions opened before the update will not be affected by these changes.
Binance updated contracts for those altcoins
The contracts included in the update include ADAUSDT, 1000BONKUSDT, 1000SHIBUSDT, PNUTUSDT, 1000FLOKIUSDT, ACTUSDT, RENDERUSDT, PYTHUSDT, HBARUSDT, GRASSUSDT, HIPPOUSDT and RENUSDT. The changes for these contracts include different margin rates according to leverage levels and position sizes. For example, position limits for the ADAUSDT contract remained unchanged for leverage ratios of 51-75x, while position limits were increased at lower leverage levels. The 1.5% maintenance margin rate, which previously applied to positions between 50,000-100,000 USDT, now covers the position range of 50,000-200,000 USDT.

Similarly, position limits have been expanded for the 1000BONKUSDT contract. The previous position limit of 10,000-30,000 USDT for the leverage range of 26-50x has been revised to 10,000-60,000 USDT. These changes allow investors to trade larger positions while also providing flexibility in margin management.
The importance of the updates for investors
Binance Futures’ adjustment of leverage and margin rates is considered as part of its efforts to adapt to market volatility and optimize users’ risks. While maintaining or increasing leverage rates allows users to enter larger positions, the gradual adjustment of margin rates according to position size shows that the platform adopts a proactive approach to risk management. For example, a user trading in the ADAUSDT contract with a leverage range of 6-10x could previously open a position between 1,000,000-5,000,000 USDT.

After the update, this range was increased to 2,000,000-10,000,000 USDT. This change offers an attractive opportunity for professional investors who trade in high volumes and makes margin requirements more flexible. For example, in the 1000SHIBUSDT contract, the position size limit has been increased from 300,000-600,000 USDT to 500,000-1,000,000 USDT in the 11-20x leverage range. Such changes will make it easier for investors, especially those who prefer high leverage, to trade with a larger trading volume.
It is important for Binance Futures users to review their trading strategies to fully benefit from these changes. Investors who effectively use risk management tools can turn the expanded position limits to their advantage. In addition, regularly checking the margin requirements on the platform after the update is critical to avoid unexpected risks. Binance’s user-friendly interface allows for easy monitoring of margin requirements.

What other announcements?
Additionally, to expand trading options on Binance Spot and enhance users’ trading experience, Binance will open trading for ACT/BRL, ACT/EUR, CATI/USDC, ETH/EURI, LUMIA/TRY, PNUT/BRL, and PNUT/EUR trading pairs on November 20, 2024 at 11:00 (UTC). Additionally, Binance will enable Trading Bots services for the following trading pairs on the same date, November 20, 2024 at 11:00 AM (UTC):
- Spot Grid and Spot DCA: ADA/USDC, DOGE/USDC, SUI/USDC, and XRP/USDC
- Spot Algo Orders: ACT/BRL, ACT/EUR, CATI/USDC, ETH/EURI, LUMIA/TRY, PNUT/BRL, and PNUT/EUR
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