Binance Futures to limit leverage to 20x for existing users

Cointelegraph

Published Jul 26, 2021 03:35AM ET

Updated Jul 27, 2021 05:20AM ET

Binance, the world’s largest cryptocurrency exchange, continues adopting new leverage trading restrictions on its futures platform in a move to expand consumer protection.

After introducing a 20x leverage limit for new users on July 19, Binance Futures is preparing to apply the same limit for existing users soon, Binance CEO Changpeng Zhao announced Sunday.

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