Binance upgrades its VIP program

Binance crypto exchange continues to improve the VIP program, making it even more accessible and profitable for users. This time, changes have been introduced to spot trading fees and the mechanism for calculating the daily average BNB balance.

Binance upgrades its VIP program

Spot trading fees were decreased for users who are VIP 4 and above. Now the fee for makers is 0.02%, and for takers is 0.04%. If the fee is paid in BNB, you will get an additional 25% discount. As a result, the fees will be 0.015% and 0.03%, respectively.

Also, from June 16, 2022, the mechanism for calculating the daily average BNB balance will be changed. Now BNB staked in locked staking and DeFi staking will be taken into account when calculating the daily average BNB balance.

A special support channel for VIP clients has been launched. You will also get your own account manager.

VIP clients will receive the following benefits:

  • An access to Binance API;
  • The option to choose one of three types of sub-accounts with varying control and access parameters;
  • A loan at a lower interest rate with a limit of 10 million dollars for margin trading;
  • The opportunity to earn up to $10 thousand cash vouchers on Binance Liquid Swap and Dual Investment. The size of cash vouchers depends on your trading volume and ranking;
  • The option to customize deposit limit, interest rate and lock-up period for stacking and savings.

If you do not have a Binance account, then you can create it using our link and get even more benefits with the VipDeposits loyalty program.

Binance also plans to open special customer service centres. The first centre will appear in Turkey. If the new service centre receives a positive response from users of the exchange, then similar centers will be established in all countries where Binance operates.

You will be interested
FCA Implements Stricter Oversight on UK Crypto Market FCA Implements Stricter Oversight on UK Crypto Market Celebrate Ramadan with exclusive Binance promotions Celebrate Ramadan with exclusive Binance promotions Binance launches promotions to celebrate upcoming Bitcoin halving event Binance launches promotions to celebrate upcoming Bitcoin halving event Binance provided insights into the details of operating within Kazakhstan Binance provided insights into the details of operating within Kazakhstan Binance's payment partner secures UK licence Binance's payment partner secures UK licence
Get the news first
Subscribe to the newsletter
Share
Read more