Starting June 15, 2026, at 08:00 UTC
Binance will update the equations:
Margin Level
Borrow Margin Level
Transfer-out Margin Level
The update pertains to Cross Margin Classic
Key point in the announcement:
Binance will take into account what’s called Open Order Loss
This means if the asset you're looking to buy in an open order has a collateral value lower than the asset you're planning to sell, that difference will be directly factored into your margin level
Why does this matter?
Because the margin level might drop after the update
And some users could find themselves closer to liquidation
Especially if their assets are subject to what's known as Collateral Haircuts
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