27 June 2024, 20:13 published Updated 27 June 2024, 20:13
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Binance, WIF ve Bu 6 Altcoin’i İlgilendiren Güncellemeler Yaptı!
Binance, the world’s largest cryptocurrency exchange, announced some updates for seven altcoins. Meanwhile, recent account abuse has prompted Binance to take stricter integrity measures.
Binance raises collateral ratios for 7 altcoins!
Binance, the leading cryptocurrency exchange, announced updates to the collateral rates for seven popular altcoins. In this context, the exchange increased the collateral rate for Pepe Coin (PEPE) and dogwifhat (WIF) to 60%, and for Lista DAO (LISTA), LayerZero (ZRO), zkSynec (ZK) and io.net (IO) to 30%. In addition, the exchange increased the Notcoin (NOT) margin rate from 10% to 40%. In this context, the exchange made the following announcement:
Dear Binance users, Binance will update the collateral ratio for the following assets under Portfolio Margin as of 09:00 on 06/28/2024. The update will be completed in approximately one hour.
Binance advised users to closely monitor the Unified Maintenance Margin Ratio (uniMMR) to avoid possible liquidation or losses due to the change in the margin ratio. The exchange expects the update to be completed in about an hour. Since Binance has an important position in the market, its updates are eagerly followed by the crypto community.
Exchange steps up measures against account misuse
The newly implemented security measures include better monitoring of various types of account activity. For example Sub-accounts and managed sub-accounts. While important, these account types can be used for unauthorized advantage. For example: Fee rates and increased API limits. As Kriptokoin.com reported, Binance has intensified its monitoring efforts to combat this abuse. In this regard, it urges users to report any suspicious activity immediately. To encourage reporting and ensure swift action, Binance is offering rewards for confirmed cases of abuse. The reward amount is determined on a case-by-case basis to reflect the severity and impact of each reported incident.
The exchange warns that strict measures, including account suspension or termination, will be taken against anyone found in violation of the Terms of Use and Know Your Customer (KYC)/Know Your Business (KYB) policies. Unauthorized access to other users’ accounts is considered a serious violation. It also tarnishes the platform’s reputation and negatively affects the majority of users who follow the rules. Users are encouraged to report abuse to Binance via the dedicated email address [email protected]. This proactive approach not only improves security, but also reinforces Binance’s commitment to providing a trusted and transparent trading environment for cryptocurrency enthusiasts worldwide.
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Binance Updates WIF and These 6 Altcoins!