Exchange Announcement Tracking

May 26,2023
Binance: Binance's joint margin model will stop supporting SOL as a joint margin asset Fellow Binancians, Starting from 2023-06-05 10:00 (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). To maintain margin levels and avoid any potential liquidation, users who hold SOL as collateral in their USDⓈ-M Futures accounts are advised to add more margin in the accounts before  2023-06-05 10:00 (UTC).  In addition, users should transfer their SOL assets out of the USDⓈ-M Futures account before 2023-06-05 10:00 (UTC), as Binance Futures will automatically transfer SOL assets to users’ Spot Wallets after 2023-06-07 10:00 (UTC).  For more Information: What Is Multi-Assets ModeHow Does Auto-Exchange Work in Multi-Assets ModeFrequently Asked Questions on Multi-Assets Mode Note: Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail. Thanks for your support! Binance Team 2023-05-26 Trade on-the-go with Binance’s crypto trading app (iOS/Android) Find us on  TelegramTwitterFacebookInstagram 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 you may incur. Futures trading, in particular, is subject to high market risk and price volatility. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed 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. Original link:
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