Exchanges lower token collateral ratios, tightening margin requirements

Binance reduced collateral ratios for six tokens, including AUCTION, BLUR, and GALA, from 30% to 10% on Sept. 18, while increasing ratios for others. Separately, Coinbase International Exchange announced that 29 assets, such as BNB, AVAX, and UNI, will be removed from its eligible collateral list on Sept. 29. These adjustments impact the borrowing capacity and margin cushions for traders using these platforms.