Binance Futures has made changes to the leverage, margin tiers, and funding rate settlement frequency for the REEFUSDT Perpetual Contract. These changes will be effective from October 16, 2024. Traders are advised to adjust their positions and leverage to reduce liquidation risk. The funding rate payout frequency will also be increased from every eight hours to every four hours to improve efficiency. It is important for traders to ensure their accounts are adequately funded to avoid forced liquidation and to adjust leverage settings before the changes. Binance is making these updates to enhance trading conditions and improve the performance of its futures contracts.



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