BingX Adjusts CHZ/USDT Leverage and Margin Tiers on Perpetual Futures
BingX
2023-09-02 15:14
Dear Users,
 
BingX Perpetual Futures will update the CHZ/USDT leverage and margin tiers on 2023-09-02 16:00 (UTC+8) . Existing positions opened prior to the update will be affected. To avoid any potential forced liquidation, please update your margin amount based on the updated parameter. The adjustments are as follows:
 
CHZ/USDT Perpetual Futures:
Maximum Leverage
Position (in USDT)
50x
10,000
20x
50,000
10x
100,000
5x
250,000
1x
500,000
 
Please note:
1. Further adjustments to the leverage and margin tiers may occur. Kindly note that no additional announcements will be made.
2. Please refer to the updated leverage and margin tiers before opening a position. For existing positions opened before the update, please adjust your position and margin in order to avoid triggering forced liquidation.
3. To safeguard users' rights and mitigate risks under extreme market conditions, BingX Perpetual Futures may take additional protective measures for CHZ/USDT without further notice. The protective measures include, but are not limited to, adjusting leverage and margin (including the maximum leverage for each tier, position limit, and maintenance margin rate), adjusting funding rate (including basic interest rate, premium index, and fee cap), etc.
  
For more information: https://bingx.com/tradeInfo/swap-trade-info/?type=swap-maintenance-margin
  

  
BingX Operation Team
2023-09-02

 

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