Binance Futures Will Discontinue Support for SOL & Add Support for BETH in Multi-Assets Mode (2023-07-06) | Binance Support

Fellow Binancians,

Starting from 2023-07-06 06:30 (UTC), Binance Futures will discontinue support for SOL as a margin asset in Multi-Assets Mode. The transfer-in limit for SOL was previously updated to zero in the Multi-Assets Mode at 2023-03-20 08:00 (UTC).

Please note that Binance Futures will automatically convert all SOL assets in USDⓈ-M Futures accounts to USDT within four hours from 2023-07-06 06:30 (UTC), based on the average SOLUSDT Price Index from 2023-07-06 05:30 (UTC) to 2023-07-06 06:30 (UTC). The converted USDT assets will remain in USDⓈ-M Futures accounts. Users who do not wish to participate in the SOL asset conversion process are advised to transfer their SOL assets out of their USDⓈ-M Futures accounts before 2023-07-06 06:30 (UTC). 

In addition, Binance Futures will support BETH as a margin asset in the Multi-Assets Mode starting from 2023-07-07 06:30 (UTC). 

Notes:

• The maximum transfer-in limits for BETH margin assets depend on users’ VIP levels. Please refer to the Multi-Assets Info page for more details.

• The haircut rates for BETH in an Auto-Exchange is set at 10%.

• The margin balance of BETH is calculated according to the BETHUSDT price index in real-time.

• Binance reserves the right to amend the maximum transfer-in limits and haircut rates depending on market conditions. 

• Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

For More Information:

• What Is Multi-Assets Mode

• How Does Auto-Exchange Work in Multi-Assets Mode

• Frequently Asked Questions on Multi-Assets Mode

Thanks for your support!

Binance Team

2023-06-29