Dear Flipstars,
Please be advised that Flipster will update the leverage and max order amounts for MERL (MERLUSDT.PERP) perpetual swap on the Flipster platform with effect from 23 April 2024 at 06:30 UTC:
- Max Order Amount: From 200,000 USDT to 50,000 USDT
- Max Position: From 200,000 USDT to 50,000 USDT
- Max Leverage: From 25X to 20X
- Initial Margin Rate: From 4% to 5%
- Maintenance Margin Rate: From 1% to 2%
Users with existing positions may be affected by this change. It is strongly advised to close all MERL (MERLUSDT.PERP) perpetual swap positions before the scheduled change. The scheduled change is expected to take approximately 10 minutes to implement.
Your support and feedback are valuable for enhancing our products and services. For any further information or queries please do not hesitate to contact us through our service request form.
Best Regards,
Team Flipster
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