News

Binance Reveals Crucial Update On These 4 Crypto, Here’s All

Binance revealed that it is updating the 'leverage and margin' tiers for 4 specific USD-margined perpetual contracts on Feb 25.
Published by
Binance Reveals Crucial Update On These 4 Crypto, Here’s All

Highlights

  • Binance reveals update on NEO, RARE, DIA, and RLC.
  • Notably, the crypto exchange is bringing changes to the coins USD-margined perpetual contracts.
  • Meanwhile, the tokens' prices crashed in line with the broader market trend.

Cryptocurrency exchange Binance has once again captured noteworthy market attention with its latest announcement on Tuesday. Notably, the crypto exchange giant revealed that it is updating the leverage and margin tiers of four specific crypto trading pairs. These tokens are NEO, RARE, DIA, and RLC.

Let’s dig deeper into the updated trade offerings unveiled for users.

Advertisement

Binance Modifys Trade Offerings For These 4 Crypto

In an official Binance release dated February 25, the crypto exchange revealed that it will update the leverage and margin tiers for the abovementioned tokens’ USD-Margined perpetual contract starting today at 14:00 UTC.

Here Are The Specific Crypto Trading Pairs

  • NEOUSDT
  • RAREUSDT
  • DIAUSDT
  • RLCUSDT
Advertisement

What’s More For Traders?

Further, Binance clarified that existing positions that were opened before the update will also be impacted. “Futures running grid might expire due to updates on the leverage and margin tiers, users are advised to adjust accordingly before the change,” the leading crypto exchange notified.

Users can move on to the official announcement for further details on the updated leverage and margin tiers. Meanwhile, the underlying motive for this measure remains unclarified by the exchange. Traders and investors remain curious about the modified offerings amid a broader crypto market slump.

Advertisement

How Are The Coins Performing?

As of press time, NEO price crashed 10% in line with the broader crypto market trend, closing in at $9.07. Its intraday low and high were $8.94 and $10.15, respectively.

Simultaneously, RARE price tanked over 13% in the past 24 hours, exchanging hands at $0.05768. The coin hit a bottom and peak of $0.05626 and $0.06794 in the past 24 hours.

DIA price plunged nearly 12.5% to $0.4415 amid Binance’s modified offerings, mirroring the broader market trend. The coin’s intraday low and peak were $0.4327 and $0.5183, respectively.

Lastly, RLC price witnessed an 8% decline in value, reaching $1.12. The coin’s intraday bottom and high were $1.12 and $1.29, respectively.

Notably, the current slumping action comes as the crypto market faces macroeconomic heat and massive liquidations. In light of this volatility, market sentiments about the tokens remain uncertain despite enhanced trade offerings.

On the other hand, it’s also worth mentioning that Binance has recently expanded support for KAITO, SOL, and ETH coins. Nevertheless, even these coins hovered into the red territory on Tuesday against the backdrop of broader trends.

Advertisement
Share
Coingapestaff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • News

FOMC Meeting Today: Where to Watch and Key Expectations for Crypto Market

Global investors, including those in the crypto market, await key cues from the FOMC Meeting…

October 29, 2025
  • News

Changpeng ‘CZ’ Zhao Confirms Defamation Lawsuit Plans Against Sen Elizabeth Warren

Binance founder Changpeng Zhao, aka CZ, on Wednesday confirmed reports of defamation lawsuit plans against…

October 29, 2025
  • News

Pi Coin Gains Another 15% As Pi Network Joins ISO 20022 For Seamless Banking Integration

Pi Network's native cryptocurrency, Pi Coin, is getting major attention with a continued rally upwards,…

October 29, 2025
  • News

Bitwise Solana Staking ETF (BSOL) Records $69.5M Inflows on Debut, But SOL Slips

Bitwise Solana Staking ETF (BSOL) makes an impressive debut with massive inflows and trading volumes,…

October 29, 2025
  • News

Trump Insider Whale Reloads $430M Long on BTC, ETH Ahead of Tomorrow’s Fed Rate Cut Decision

The “Trump Insider whale” has reportedly opened a $430 million long position in Bitcoin and…

October 29, 2025
  • News

Breaking: $2.6B Western Union Announces Plans for Solana-Powered Stablecoin by 2026

Western Union has announced plans to launch a U.S. dollar-backed stablecoin built on the Solana…

October 28, 2025