Binance Margin Increases the Maximum Leverage on Cross Margin to 5x | Binance Support

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Binance Margin is pleased to announce that the maximum leverage on Cross Margin has been increased to 5x. This allows for enhanced capital efficiency and greater flexibility for users, as they can now complete larger Cross Margin loans with the same amount of collateral assets. 

Please note that the maximum leverage for newly created Cross Margin accounts will be set to 5x by default, and users can manually adjust the leverage to 3x or 5x, as shown in the screenshot below. The maximum cross margin borrowing limit is based on the leverage selected by users. Users are strongly advised to maintain their Margin Levels above 1.1 in order to avoid any potential liquidation. 

Notes:

• To access this updated function on Binance App, users should download the latest Binance App, or upgrade their Binance App to v2.67.0, or later.

• More information on Cross Margin trading can also be found in this FAQ.

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

Thanks for your support!

Binance Team

2023-07-24

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses that might arise from your use of Margin. Margin trading carries substantial risk and amplifies both losses and profits. Past performance is not a reliable predictor of future performance. All of your margin balance may be liquidated in the event of adverse price movement. This information should not be regarded as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.