#Binance Unified Account Adds Negative Balance Limit#

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Overview

Binance announces that it will add the maximum negative balance information to the unified account starting from 08:00, January 22, 2025. When the negative balance of any asset exceeds the corresponding maximum negative balance, the automatic exchange process will be triggered and the negative balance will be repaid. The system will first cancel the pending orders that occupy the corresponding asset and return the negative balance to 80% of the maximum negative balance. If the negative balance of the asset does not fall below 80% of the maximum negative balance after the repayment, the system will start the exchange process, and the assets with higher collateralization rates will be prioritized to be exchanged to repay the negative balance.

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Analysis

Binance announced that starting January 22, 2025, 08:00, the unified account will add the highest negative balance information. When the negative balance of any asset exceeds the corresponding highest negative balance, the automatic exchange process will be triggered to repay the negative balance. Specifically, the system will calculate the negative balance of each asset every 10 minutes. Once it exceeds the highest negative balance, the system will first cancel pending orders that occupy the corresponding asset and return the negative balance to 80% of the maximum negative balance. If the negative balance of the asset is still higher than 80% of the highest negative balance after the repayment, the system will start the exchange process, prioritizing the exchange of assets with higher collateralization ratios to repay the negative balance. This measure aims to prevent users from having their accounts forcibly liquidated due to excessive negative balances and ensure the safety of user assets.

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Binance Unified Account adds maximum negative balance information to prevent users from incurring excessive debt.

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When the negative balance exceeds the maximum negative balance, the system will trigger an automatic conversion process.

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It will prioritize canceling pending orders that occupy the corresponding assets and return the negative balance.

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If the negative balance still exceeds 80% of the maximum negative balance, the system will start the conversion process.

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It will prioritize converting assets with higher collateralization ratios.

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This measure aims to protect user assets and prevent losses due to excessive debt.

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