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Binance raises margin ratios for multiple crypto asset portfolios
2024-09-02 08:36:11
Odaily News According to the official announcement, Binance will adjust the collateral ratios of multiple assets under portfolio margin from 06:00 (UTC) on September 3, 2024. The adjustment is expected to be completed in about an hour. The specific adjustment plan is as follows: FLOKI's collateral ratio is increased from 35% to 40%; TON is increased from 20% to 30%; DOGS, RENDER, SUN and RARE's collateral ratios are all significantly increased from 10% to 30%; ADX is increased from 10% to 20%. Binance reminds users that changes in the collateral ratio will affect the unified maintenance margin ratio (uniMMR). Users should pay close attention to uniMMR to avoid liquidation or losses that may result from changes in the collateral ratio.