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Binance Extends Portfolio Margin to Users with a Minimum of 100,000 USDT

Binance Extends Portfolio Margin to Users with a Minimum of 100,000 USDT - Sources

Binance Extends Portfolio Margin to Users with a Minimum of 100,000 USDT - Sources

Binance, the world’s leading cryptocurrency exchange in terms of trading volume, is expanding the accessibility of its Portfolio Margin product by making it available to non-VIP users who maintain a minimum balance of 100,000 USDT in their Cross Margin and Futures accounts, according to information obtained by Investing.com.

This extension aims to enhance capital efficiency for a broader spectrum of Binance traders, particularly those engaging in sophisticated portfolio strategies without VIP status requirements.

The introduction of the new Portfolio Margin wallet signifies a significant milestone in asset management for Binance users. By consolidating the USD-M Futures, COIN-M Futures, and Cross Margin wallets into a unified wallet, Binance simplifies collateral management, facilitating seamless portfolio adjustments and optimization.

With Binance’s Portfolio Margin, traders can utilize a diverse range of assets from combined futures and margin wallets as collateral. This applies to an extensive selection of trading pairs, including 548 cross margin pairs, 281 USD-M Futures contracts, and 49 COIN-M Futures contracts, totaling 878 trading opportunities.

“We are delighted to extend Portfolio Margin to eligible non-VIP users, enabling them to leverage a wide range of supported collateral assets on Binance to enhance their trading strategies. The new unified Portfolio Margin Wallet reduces friction and offers greater convenience for asset management,” said Sherrine Tan, Product Marketing Lead at Binance.

Portfolio Margin accounts employ a risk-based margin method, providing an integrated assessment of a trader’s total market exposure by considering unrealized Profit and Loss (PnL) across Futures and Cross Margin trading activities. This approach grants traders greater flexibility in portfolio management, enhanced capital efficiency, increased arbitrage opportunities, and effective risk control.

Portfolio Margin supports the most extensive range of collateral assets in the market, which can be simultaneously utilized across USD-M Futures, COIN-M Futures, and Cross Margin trading products. This feature optimizes capital efficiency by providing competitive collateral ratios.

Furthermore, the new feature allows for netting unrealized PnL by balancing various positions across the three trading products. Integration into a single Portfolio Margin wallet simplifies the oversight and management of collateral assets and PnL.

Lastly, dedicated API endpoints for Portfolio Margin trading enhance the trading experience across USD-M Futures, COIN-M Futures, and Cross Margin products.
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