Crypto
Binance doubles portfolio margin leverage for XRP and RLUSD to 10 times, users should review existing positions
Binance will raise the maximum portfolio margin leverage for XRP and RippleUSD (RLUSD) from 5 times to 10 times, blockchain media outlet U.Today reported on Aug. 18. The change takes effect on Aug. 21 and a system update is expected to take about 30 minutes. The adjustment improves collateral efficiency for RLUSD but also affects the unified maintenance margin ratio, uniMMR. Binance warned users to recalculate collateral and margin before the change to avoid order cancellations or forced liquidations.