Binance will update the maintenance margin ratio for cross-margin loanable assets supported by unified accounts and classic unified accounts

Odaily news: According to an official announcement, Binance will reduce the maintenance margin rate corresponding to cross-margin loanable assets supported by the Unified Account Plan and the Classic Unified Account Plan starting from 20:00 on September 20, 2023 (Eastern Eighth District time). Please note: This adjustment to the maintenance margin rate of cross-margin loanable assets will affect the corresponding leverage multiple. Existing cross-margin lending positions under these two unified account plans will automatically be updated to the new maintenance margin rate and new leverage multiple after 20:00 on September 20, 2023 (Eastern Eighth District time).