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Binance Futures Launches Position Limit Adjustment Feature

source-logo  binance.com 12 November 2021 10:09, UTC
Fellow Binancians,
Binance Futures has launched the Position Limit Adjustmentfeature, allowing users to adjust their max position limits on USDⓈ-M Contracts.
How to Adjust Position Limits?
If users wish to adjust their position limit, users can access the Position Limit Adjustment site to make a request - simply select a trading pair, and make an increase or decrease on the max position limit on the trading pair. Once the request is processed successfully, the newly adjusted max position limit will take effect immediately.
Please note:
  • The allowed max position limit for user adjustment will be regularly reviewed, and any adjustment will be made on the first day of each month.
  • For VIP 1-3 users, there will be a monthly position limit adjustment fees. For more details on the fees, please refer to the Position Limit Adjustment Page.
  • For VIP 4-9 users, the increased position limit will be cancelled automatically if positions aren't opened for 15 days after the adjustment.
  • Users can visit the Position Limit Adjustment Page to reduce position limit if required.
Further information:
  • Your Guide to Position Limit Adjustment
Risk Warning: Futures trading carries a substantial risk and the possibility of both significant profits and losses. Past gains are not indicative of future returns. All of your margin balance may be liquidated in the event of extreme price movements. The information here should not be regarded as financial or investment advice from Binance. All trading strategies are used at your discretion and your own risk. Binance will not be liable to you for any loss that might arise from your use of Futures. To learn more about how to protect yourself, visit our Responsible Trading resource page.
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