Dear Flipstars,
Please be advised that Flipster will update the leverage and max order amounts for GLM (GLMUSDT.PERP) and POWR (POWRUSDT.PERP) perpetual swap on the Flipster platform with effect from 27 April 2024 at 09:00 UTC:
GLM (GLMUSDT.PERP):
- Max Order Amount: From 50,000 USDT to 10,000 USDT
- Max Position: From 50,000 USDT to 10,000 USDT
- Max Leverage: From 20X to 10X
- Initial Margin Rate: From 5% to 10%
- Maintenance Margin Rate: From 2% to 3%
POWR (POWRUSDT.PERP)
- Max Order Amount: From 100,000 USDT to 50,000 USDT
- Max Position: From 100,000 USDT to 50,000 USDT
Users with existing positions may be affected by this change. It is strongly advised to close all GLM (GLMUSDT.PERP) and POWR (POWRUSDT.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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