Dear customers,
BIT will adjust the haircut ratio for Solana(SOL) and the contract max leverage(initial margin rate) for SOLUSD perpetual contracts. The adjustment will take effect on 5:00 (UTC) on November 10, 2022.
Please see the table below for the adjustments.
Currency | Haircut Ratio (Old) | Haircut Ratio (New) |
SOL | 0.2 | 0.8 |
Contract | Initial Margin Rate (Old) | Initial Margin Rate (New) |
SOLUSD PERP | 5% | 10% |
Note: This adjustment does not affect the maintenance margin, so it will not affect the liquidation.
Please adjust your trading strategies accordingly to avoid unnecessary impact on your trading. Thank you for your understanding!
Risk warning
Trading in cryptocurrencies comes with high risk due to price volatility. Please make sure you understand all the related risks of cryptocurrency trading, be prudent in your decisions, and trade cautiously. BIT will not be responsible for your trading losses.
BIT Team
Nov 10, 2022
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