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🚨 Binance Futures Update
📢 Binance will delist the LEVERUSDT perpetual contract.
⏰ Key Timeline:
2025-09-03 08:30 (UTC): No new positions allowed.
2025-09-03 09:00 (UTC): Automatic settlement + contract delisting.
⚠️ Important Notes:
All open positions will be closed automatically at settlement.
In the final hour, Futures Insurance Fund will not cover liquidations.
Liquidations will use Immediate or Cancel Orders (IOCO) → if insufficient, Auto-Deleveraging (ADL) will take place.
Expect high volatility & reduced liquidity.
🔒 Binance may apply extra risk controls:
Leverage & margin adjustments
Funding rate updates
Price index changes
Last Price Protected Mark Price mechanism
👉 Traders are strongly advised to close or manage positions before delisting to avoid unexpected losses.
$LEVER
#BinanceNewLisiting #BinanceFuturesTrading #LEVERUSDT #CryptoRiskVsReward #BlockchainNews
📢 Binance will delist the LEVERUSDT perpetual contract.
⏰ Key Timeline:
2025-09-03 08:30 (UTC): No new positions allowed.
2025-09-03 09:00 (UTC): Automatic settlement + contract delisting.
⚠️ Important Notes:
All open positions will be closed automatically at settlement.
In the final hour, Futures Insurance Fund will not cover liquidations.
Liquidations will use Immediate or Cancel Orders (IOCO) → if insufficient, Auto-Deleveraging (ADL) will take place.
Expect high volatility & reduced liquidity.
🔒 Binance may apply extra risk controls:
Leverage & margin adjustments
Funding rate updates
Price index changes
Last Price Protected Mark Price mechanism
👉 Traders are strongly advised to close or manage positions before delisting to avoid unexpected losses.
$LEVER
#BinanceNewLisiting #BinanceFuturesTrading #LEVERUSDT #CryptoRiskVsReward #BlockchainNews
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