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BloFin has announced updates to the leverage and margin tiers for multiple perpetual contracts on its futures platform, affecting new positions while leaving existing positions unchanged.
BloFin has updated the leverage and margin tiers for a range of perpetual contracts on its futures platform. According to the official announcement, these changes impact new positions only and do not affect existing positions opened before the update. The adjustments, which apply to both cross and isolated margin modes, include revised maximum leverage levels, maintenance margin ratios, and contract size tiers for specific contracts such as GWEIUSDT, PARTIUSDT, GENIUSUSDT, PIEVERSEUSDT, HIGHUSDT, RIVERUSDT, and RAVEUSDT. BloFin stated the purpose of the update is to improve market liquidity and risk management, and advised users to monitor their margin ratios due to potential volatility.
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BloFin is a centralized cryptocurrency exchange established in 2019, offering spot trading, copy trading, and access to over 300 USDT-M perpetual futures contracts. The platform supports web, mobile, and API access, with security measures such as Fireblocks integration and options for passive income on uninvested assets. For more information, visit the broker profile on Traders Union.
For background, BloFin recently announced a GRVT listing and held a 1000 GRVT reward campaign tied to social media participation. You can read more about this in the previous BloFin update on Traders Union.