Running Fox Will Delist and Update the Leverage & Margin Tiers of CVCUSDT Perpetual Futures Contract Follow
Fellow Running Fox Users,
Running Fox Futureswill conduct an automatic settlement on the USDT-Margined CVC Perpetual Contract at 2022-11-29 09:00am (UTC), and delist this contract after the settlement is complete.
In addition, Running Fox will adjust the leverage and margin tiers of the CVCUSDT Perpetual Futures Contract at 2022-11-28 09:00 (UTC), as reflected in the table below. Existing positions opened before the update will be affected. It is strongly advised to adjust the position and leverage prior to the adjustment in order to avoid any potential liquidation.
In addition, Running Fox will adjust the leverage and margin tiers of the CVCUSDT Perpetual Futures Contract at 2022-11-28 09:00 (UTC), as reflected in the table below. Existing positions opened before the update will be affected. It is strongly advised to adjust the position and leverage prior to the adjustment in order to avoid any potential liquidation.
Updates to Leverage & Margin Tiers:
- CVCUSDT (USDⓈ-M Perpetual Contracts)
Previous Leverage and Margin Tiers
|
New Leverage and Margin Tiers
|
||||
Leverage
|
Position
Before Change
(Notional Value in USDT)
|
Maintenance Margin Rate
(Before Change)
|
Leverage After Change
|
Position
After Change
(Notional Value in USDT)
|
Maintenance Margin Rate
(After Change)
|
11 - 20x
|
0 < Position ≤ 5,000
|
1.00%
|
NA
|
||
9 - 10x
|
5,000 < Position ≤ 25,000
|
2.50%
|
9 - 10x
|
0 < Position ≤ 25,000
|
2.50%
|
6 - 8x
|
25,000 < Position ≤ 100,000
|
5.00%
|
6 - 8x
|
25,000 < Position ≤ 100,000
|
5.00%
|
3 - 5x
|
100,000 < Position ≤ 250,000
|
10.00%
|
3 - 5x
|
100,000 < Position ≤ 250,000
|
10.00%
|
2x
|
250,000 < Position ≤ 1,000,000
|
12.50%
|
2x
|
250,000 < Position ≤ 1,000,000
|
12.50%
|
1x
|
1,000,000 < Position ≤ 2,000,000
|
50.00%
|
1x
|
1,000,000 < Position ≤ 2,000,000
|
50.00%
|
Please note:
- Users are advised to close any open positions prior to the delisting time to avoid automatic settlement.
- automatic settlement on CVC/USDT Futures market at 2022-11-29 09:00am(UTC) and will be delisted later.
For more information:
Risk warning: Futures trading is a highly risky endeavor, with the potential for both great profits and significant losses. Please be aware that in the event of extreme price movement, there is a chance that all margin balance in your futures wallet may be liquidated.
Running Fox strives to provide the best service to all members.
If you have any questions, please use the Customer Center and Running Fox official Telegram below.
★ Telegram : https://t.me/coinrfcom
★Customer Service Center : https://runningfox.zendesk.com/hc/ko/requests/new
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Thanks for your support!
Running Fox Team