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BTC $62,997.16 +0.04%
ETH $1,880.59 -0.04%
BNB $607.05 -0.34%
XRP $0.9995 -0.13%
SOL $75.20 -0.40%
TRX $0.3313 +0.14%
DOGE $0.0698 -0.23%
ADA $0.1759 -1.71%
BCH $204.40 -0.21%
LINK $9.31 -1.70%
HYPE $57.23 +1.64%
AAVE $86.16 -0.40%
SUI $0.6776 -0.62%
XLM $0.1570 -0.50%
ZEC $491.16 +0.47%

Binance announced that the unified account will introduce a maximum negative balance management mechanism, which will automatically trigger a repayment process when the set limit is exceeded

2025-01-14 17:07:57

ChainCatcher message, Binance announced that starting from January 22, 2025, the unified account will introduce a maximum negative balance management mechanism. The system will check for negative asset balances every 10 minutes, and if it exceeds the set limit, it will automatically trigger a three-step repayment process: first, cancel the relevant asset orders to reduce the negative balance to 80% of the limit; if it still exceeds the limit, it will prioritize exchanging high-staking rate assets for repayment. Users can check related transaction records through the App under "Unified Account Orders - Others" or via the API interface.

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