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Bitfinex Derivatives adjusts the Maximum Leverage on Turkish Lira Perpetual (TRYF0:USTF0) to 10x

BITFINEX

Related type: Others

2023-07-10 18:46

Bitfinex Derivatives* announces its intention to adjust the minimum margin requirement for the TRYF0:USTF0 perpetual contract from 1% to 10% on 17/07/2023 at 10:00 AM UTC. This has the effect of reducing the maximum leverage on the contract from 100x to 10x. We recommend our customers adhere to the new collateral requirements as soon as possible and in advance of this change. Failure to do so could result in positions being liquidated once the minimum margin requirements are adjusted. *The Bitfinex Derivatives platform is provided by iFinex Financial Technologies Limited. References to Bitfinex Derivatives in this post are references to iFinex Financial Technologies Limited.