HawkInsight

  • Contact Us
  • App
  • English

Binance unified accounts introduce stepped negative balance thresholds and interest fees "

On May 9, according to an official announcement, starting from 08:00 on May 17, 2025 (East Eighth District Time), the Binance unified account will introduce a stepped negative balance threshold for different assets based on the user's VIP level. If the negative balance in the user's unified account exceeds the negative balance threshold, the user will be charged interest fees based on the negative balance in the unified account at 08:00 (East Eighth District time) every day. Interest expense is calculated based on Binance leveraged daily interest rate. The formula for calculating interest expense is as follows: Interest expense = absolute value (negative balance)* Daily interest rate Note: negative balance = minimum value (total assets in the unified account + negative balance threshold, 0)

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlashHawk Insight
More