Here's what's updated on Binance:
Binance Coin (BNB) Update
- *Current Price*: $609.54
- *Market Cap*: $84.93 billion
- *24-hour Change*: 2.26% increase
New Listings and Trading Pairs
- Binance regularly updates its platform with new coin listings, trading pairs, and trading bots
- Recent additions include new spot trading pairs and margin trading options
Margin Liquidation Fees Update
- Binance updated its margin liquidation fees on August 12, 2024, to enhance user protection and market stability
- The update impacts traders using high-leverage trading strategies
Step Size Adjustment
- Binance adjusted step sizes for certain spot trading pairs, including FET, INJ, SOL, and TIA, to provide traders with greater precision
- The update was implemented in two phases, with the first phase targeting FET and INJ pairs on April 29, 2024
Portfolio Margin Update
- Binance updated collateral ratios for multiple assets under Portfolio Margin, effective October 3, 2024
- Users were advised to monitor their Unified Maintenance Margin Ratio (uniMMR) to avoid liquidations or losses ¹ ² ³ ⁴
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