Announcement on adjustment of leverage, position tiers and maintenance margin rate for MAGICUSDT perpetual futures trading pair
Announcement on adjustment of leverage, position tiers and maintenance margin rate for MAGICUSDT perpetual futures trading pair
2025-04-19 03:30
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Bitget will make adjustments to the leverage, position tiers and maintenance margin rate of the USDT-M
MAGICUSDT perpetual futures trading pair on
2025-04-20 at 18:00 (UTC+8) respectively.
Existing positions opened before the adjustment
will be affected. It is strongly advised to adjust your leverage and position tier before the adjustment in order to avoid any potential liquidation.
The detailed arrangement is as follows:
MAGICUSDT：
| Before adjustment | After adjustment | ||||
| Position(USDT) | Leverage | Maintenance margin rate | Position(USDT) | Leverage | Maintenance margin rate |
| 0~5,000 | 75 | 0.66% | 0~5,000 | 25 | 2.00% |
| 5,000~10,000 | 50 | 1.00% | 5,000~10,000 | 20 | 3.00% |
| 10,000~50,000 | 25 | 2.00% | 10,000~50,000 | 15 | 4.00% |
| 50,000~100,000 | 20 | 3.00% | 50,000~100,000 | 10 | 5.00% |
| 100,000~700,000 | 10 | 5.00% | 100,000~700,000 | 8 | 7.00% |
| 700,000~1,500,000 | 5 | 12.00% | 700,000~1,500,000 | 5 | 12.00% |
| 1,500,000~2,000,000 | 4 | 15.00% | 1,500,000~2,000,000 | 4 | 15.00% |
| 2,000,000~5,500,000 | 2 | 30.00% | 2,000,000~5,500,000 | 2 | 30.00% |
| 5,500,000~10,000,000 | 1 | 60.00% | 5,500,000~10,000,000 | 1 | 60.00% |
Note:
1. The new tier standards will apply to all newly opened
MAGICUSDT futures positions.
2.
For existing MAGICUSDT futures positions, the new tier standard will take effect on
April 26, 2025, at 6 PM (UTC+8).
- To avoid liquidation due to changes in the maintenance margin rate, please top up your margin or adjust your positions in advance.
- Since position data will be calculated based on the new standards, your maintenance margin ratio may display as greater than 100%. This means that your position needs to be adjusted promptly.
-
Trading bots: Trading bots with positions and leverage higher than the adjusted parameters may be terminated. We strongly recommend adjusting or terminating the bots in advance to prevent potential losses.
For more details, kindly check out Position tiers.
We apologize for any inconvenience this may cause. Thank you for supporting Bitget.
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*This announcement is time-sensitive. Please note the date of publication. The platform assumes no responsibility for any direct or indirect losses arising from changing circumstances or outdated content.
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