Binance adjusts the leverage and margin tiers for FET, POL, BAN, and OM perpetual contracts

ChainCatcher news, according to Binance's announcement, the leverage and margin tiers for the FETUSDT, POLUSDT, BANUSDT, and OMUSDT perpetual contracts will be adjusted on February 21, 2025, at 17:30 (Beijing time).

The announcement states that this adjustment will affect existing positions, and due to the updates in leverage and margin tiers, grid trading strategies may expire and become ineffective. Binance advises users to make the necessary adjustments in a timely manner before the changes take effect.