Binance Adjusts Collateral Rates for Certain Assets in Unified Account
Publication Time:2024-07-29 11:06:07
Binance has announced that it will adjust the collateral rates for certain assets in the unified account starting from July 30, 2024, at 14:00 (CST). This change is aimed at optimizing account management and risk control strategies. The adjustment is expected to be completed within approximately one hour. It should be noted that changes in collateral rates may impact the maintenance margin rate (Uni-MMR). Therefore, all users utilizing the unified account should remain vigilant and closely monitor their maintenance margin rates to prevent potential liquidation or financial losses due to adjustments in asset collateral rates. Users are advised to take appropriate preventive measures and promptly adjust their investment strategies to adapt to the new collateral rate environment.
Binance
adjustment
Unified Account
Collateral Rate
Maintenance Margin Rate