PANews reported on May 9 that according to the official announcement, starting from 08:00 (GMT+8) on May 17, 2025, Binance unified accounts will launch tiered negative balance thresholds for different assets based on the user's VIP level. If the negative balance in the user's unified account exceeds the negative balance threshold, the user will be charged interest fees based on the negative balance of the unified account at 08:00 (GMT+8) every day. The interest fee is calculated based on the daily interest rate of Binance leverage.
The interest expense calculation formula is as follows:
- Interest Expense = Absolute Value (Negative Balance) * Daily Rate
- Note: Negative balance = minimum value (total assets in unified account + negative balance threshold, 0)
