News/Binance Futures to Cease Support for Cross Collateral Feature

Binance Futures to Cease Support for Cross Collateral Feature

Aug 25,2022,17:56
Binance Futures will cease support for the Cross Collateral feature on 2022-09-30 06:00 (UTC). This will not affect existing Cross Collateral positions. If users have $BTC, $ETH and $EUR Cross Collaterals and do not close their Cross Collateral positions manually before 2022-09-30 06:00 (UTC), their Cross Collateral positions will be automatically closed by our system. All the $USDT borrowed will be returned within three days by deducting the available balance in users' Futures Wallets, while collateral assets will be returned to users' Spot Wallets.
Source
Disclaimer: This platform includes third party opinions. We do not endorse their accuracy. Digital asset prices can be volatile. Do your own insights. See full terms here
Share
NewsMore
    Loading...