Dear CoinUp Users：
The CoinUp contract will update the RARE VIDT ACT U-based perpetual contract leverage and margin ladder at 18:00 on April 8, 2025 (UTC + 8). The existing positioning of users before the update will not be affected. Please refer to the updated leverage and margin ladder to avoid forced position squaring. The specific adjustments are as follows:
In order to protect user rights and reduce risks in extreme market conditions, CoinUp contracts may take additional protective measures for RARE VIDT ACT U-based perpetual contracts, which will not be announced separately. Potential protective measures include but are not limited to adjusting leverage and margin, including the maximum leverage multiple, position limit, and Maintenance Margin rate for each level, adjusting funding rates (including base interest rates, premium indices, and fee caps), changing price index components, or using the "latest price transaction mechanism" to update marked prices.
【Risk Warning】
Trading in digital currencies carries significant risks and prices may fluctuate dramatically. Users are advised to participate with caution and to consider carefully before deciding to buy or sell. Please consider your experience and risk tolerance level in trading digital assets before deciding to buy or sell; CoinUp's announcements and information do not constitute any trading advice and CoinUp will not be liable for any direct or indirect losses arising from reliance. CoinUp is not liable for any user-initiated actions, warranties or indemnities.Thanks for understanding and support!
CoinUp Community
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April 8 2025
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