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Binance Launches New Portfolio Margin Program | Binance Support
Fellow Binancians,
Binance is launching a new Portfolio Margin Program for eligible users in a gradual manner, and expects to complete the full launch by 2023-06-07. Please note that the original Portfolio Margin Program has been rebranded as the Classic Portfolio Margin Program.
This is a new cross-asset margin program that is open to VIP 4-9 users, as well as users whose trading volume on USDⓈ-M and COIN-M Futures are equivalent to that of VIP 4-9. Eligible users can enjoy greater flexibility in their trading strategies by enabling the Portfolio Margin mode, which allows them to use multiple supported assets in their USDⓈ-M Futures, COIN-M Futures and Cross Margin wallets as collateral.
Key Highlights:
Collateral Assets: More than 200 collateral assets are currently available in the Portfolio Margin Program. Please refer to this page for a full list of collateral assets and their corresponding collateral ratios.
Portfolio Margin API Endpoints: Users can access the dedicated API endpoints for the new Portfolio Margin Program in Binance API Documentation for a comprehensive list of specifications.
Insurance Fund Coverage: The default liquidation process for both futures and cross margin will apply to Portfolio Margin positions. For more details, please refer to the FAQs on futures liquidation protocols, the futures insurance fund, and the margin insurance fund.
Aggregate Balances Function: Users can seamlessly transfer all positive balances from their USDⓈ-M and COIN-M Futures-PM Wallets to their Margin-PM Wallet by using the Aggregate Balances function. Please note that BNB balances in the USDⓈ-M Futures-PM Wallet will not be transferred so that users can continue enjoying the BNB trading fee discount.
Notes:
Binance will complete the full launch of the Portfolio Margin Program by 2023-06-07. Users may or may not have access to these functions until after 2023-06-07.
To access the new Portfolio Margin Program on Binance App, users should download the latest Binance App, or upgrade their Binance App to iOS v2.64.1 or Android v2.64.6, or later.
Products and services referred to here may not be available in your region.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
How to Activate Portfolio Margin Mode:
For VIP 4-9 users only:
Option 1: Login to Binance Futures, and go to the Futures trading page. Eligible users will be able to see an “Upgrade” button next to “Margin Ratio”. Click on the “Upgrade” button and complete a quiz to activate the Portfolio Margin mode.
Option 2: Login to your Binance account, and activate the Portfolio Margin mode via Wallet > Futures > Upgrade Now. Only eligible users will be able to successfully activate the Portfolio Margin mode.
As for all other eligible users who attain a USDⓈ-M and COIN-M Futures trading volume that is equivalent to that of VIP 4-9 users, please contact your respective Key Account Coverage teams. More information is available in this FAQ.
Guides & Related Materials:
Introduction to Binance Portfolio Margin Mode
How to View Portfolio Margin Information From Binance Account and Trading Interface
How Does Liquidation Work in Portfolio Margin Accounts
Binance Portfolio Margin API
Terms and Conditions of Binance Portfolio Margin
Thanks for your support!
Binance Team
2023-06-05
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Futures trading, in particular, is subject to high market risk and price volatility. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.