Binance announced that the unified account will introduce a maximum negative balance management mechanism, which will automatically trigger a repayment process when the set limit is exceeded

2025-01-14 17:07:57
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ChainCatcher message, Binance announced that starting from January 22, 2025, the unified account will introduce a maximum negative balance management mechanism. The system will check for negative asset balances every 10 minutes, and if it exceeds the set limit, it will automatically trigger a three-step repayment process: first, cancel the relevant asset orders to reduce the negative balance to 80% of the limit; if it still exceeds the limit, it will prioritize exchanging high-staking rate assets for repayment. Users can check related transaction records through the App under "Unified Account Orders - Others" or via the API interface.

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