On August 14th, according to an official announcement, Binance will update the BLZU perpetual contract leverage and margin ladder at 19:30 on August 14th, 2023. Existing positions before the update will be affected, so users should refer to the updated leverage and margin ladder to adjust their margin to avoid forced liquidation. In addition, Binance will adjust the BLZU perpetual contract funding rate settlement frequency at 18:00 on August 14th, 2023. The funding rate settlement frequency will be changed from every eight hours to every four hours.
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