Binance to Cut Maximum Leverage to 5x on 23 Isolated-Margin Pairs
Photo: TokenPost
Binance will cut maximum leverage from 10x to 5x on 23 isolated-margin trading pairs on Nov. 10, reducing the maximum exposure available on those markets. The affected pairs are ATOMUSDT, AVAXUSDT, BATUSDT, BCHBTC, BCHUSDT, DASHUSDT, DOTUSDT, ETCUSDT, HYPEUSDC, HYPEUSDT, IOSTUSDT, IOTAUSDT, LTCBTC, LTCUSDT, NEOUSDT, NXPCUSDT, ONTUSDT, QTUMUSDT, SUIUSDT, TRXBTC, TRXUSDT, ZECBTC and ZECUSDT. The adjustment takes effect at 3 a.m. ET (08:00 UTC). Binance will automatically apply the related risk parameters when the change takes effect. The exchange advises users to monitor their positions and transfer assets or repay liabilities ahead of the adjustment to reduce liquidation risk.
Source: TokenPost
