Binance will charge interest to users holding a negative USDT balance in their U-based contract accounts

ChainCatcher news, according to the official announcement, Binance will start charging new interest on users holding negative USDT balances in their U-based contract accounts from February 27 at 16:00 (UTC+8). The interest fee will be charged daily based on the market average interest rate. This interest will only be charged when the USDT balance in the U-based contract account falls below a certain threshold. Users are advised to adjust their trading strategies and U-based contract account balances to avoid any unexpected fees. (Source link)