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In a recent announcement, major crypto exchange Binance has unveiled a new update that affects the perpetual contracts of multiple crypto trading pairs.
The crypto exchange, in its official announcement, disclosed that it has updated the leverage and margin tiers of the perpetual contracts of 14 trading pairs, including XRPUSDC, NEARUSDT and APEUSDT.
Binance Futures updated the leverage and margin tiers of 14 perpetual contracts on Feb. 5, 2025, at 8:30 a.m. UTC, including XRPUSDC, NEARUSDT, APEUSDT, ACTUSDT, 1000SATSUSDT, SEIUSDT, NOTUSDT, CFXUSDT, PEOPLEUSDT, DOGSUSDT, TURBOUSDT, THETAUSDT, MEWUSDT and RUNEUSDT.
Tomiwabold OlajideAs cryptocurrencies like XRP gain traction, these futures contract adjustments appear timely and might provide more opportunities for those trading on price movements.
What changed?
In some instances, leverage for some of the pairs listed above increased, while some decreased. XRP/USDC, for example, saw leverage for a few positions increase. Binance supports high-leverage trading with a sophisticated risk control system and liquidation mechanism based on the Maintenance Margin Model.
The new adjustments to the leverage and margin tiers will definitely impact the way traders can manage their positions on the XRPUSDC, NEARUSDT and APEUSDT perpetual contracts and others, providing them with greater flexibility and efficiency.
Traders now have the opportunity to use adjusted leverage, which could allow for greater potential returns.
For futures traders, these changes mean more ways to leverage positions in highly volatile markets. However, increased leverage also increases risk, and traders must carefully manage their positions to avoid liquidation.
Denys Serhiichuk
Alex Dovbnya
Dan Burgin
Vladislav Sopov