Cryptocurrency exchange Binance will lower the leverage limit on futures.
Binancce CEO Changpeng Zhao stated:
BeginningSince July 19th, Binance Futures has limited new users to a maximum leverage of 20x. In order to protect customers, this limitation will apply to existing users for two weeks.
Just two months ago, the exchange added support for BTC / USDT contracts with 125x leverage.
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Based on materialswww.theblockcrypto.com
