Binance Futures to Cease Support for Cross Collateral Feature

Binance Futures will cease support for the Cross Collateral feature on 2022-09-30 06:00 (UTC). This will not affect existing Cross Collateral positions. If users have $BTC, $ETH and $EUR Cross Collaterals and do not close their Cross Collateral positions manually before 2022-09-30 06:00 (UTC), their Cross Collateral positions will be automatically closed by our system. All the $USDT borrowed will be returned within three days by deducting the available balance in users' Futures Wallets, while collateral assets will be returned to users' Spot Wallets.
Source

Binance

Related News
Binance inflows for 2024 are almost 40% higher than the next 10 exchanges combined Binance inflows for 2024 are almost 40% higher than the next 10 exchanges combined
Binance launching BFUSD, promising APY 'will never go below zero' Binance launching BFUSD, promising APY 'will never go below zero'
As Crypto Assets Gain Ground, Binance Maintains Market Leadership As Crypto Assets Gain Ground, Binance Maintains Market Leadership
Binance Marks Two Years of Proof of Reserves with Extensive Asset Backing Binance Marks Two Years of Proof of Reserves with Extensive Asset Backing
Web3 momentum accelerates at Binance Blockchain Week 2024 in Dubai Web3 momentum accelerates at Binance Blockchain Week 2024 in Dubai
Latest News More More
18 Hours Ago Trump to make crypto a national priority in upcoming executive order: Bloomberg
18 Hours Ago Phantom Wallet raises $150 million at $3 billion valuation
1 Day Ago BitMEX hit with additional $100 million fine over Bank Secrecy Act violations: report
1 Day Ago Pyth launches new oracle ‘Lazer’ to offer price feeds to latency-sensitive apps
2 Days Ago Sky’s lending subDAO Spark targets up to $1.1 billion in direct exposure to Ethena’s USDe and sUSDe tokens
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open