Binance has announced the launch of the VIP Volume Contribution Program, aimed at rewarding users for high-volume trading.
Starting from October 31, 2023, 08:00 (UTC) and running through January 31, 2024, the program will allow users to upgrade to VIP levels 4-9 after they meet certain 30-day trading volume share requirements. The users will also need to adhere to a daily average BNB holding requirement, as detailed in the program.
The VIP levels and corresponding requirements are as follows:
- VIP 4: 0.0250% 30-day spot or futures trading volume and a minimum average daily balance of 500 BNB.
- VIP 5: 0.0400% 30-day spot or futures trading volume and a minimum average daily balance of 1,000 BNB.
- VIP 6: 0.1000% 30-day spot or futures trading volume and a minimum average daily balance of 1,750 BNB.
- VIP 7: 0.2000% 30-day spot or futures trading volume and a minimum average daily balance of 3,000 BNB.
- VIP 8: 0.5000% 30-day spot or futures trading volume and a minimum average daily balance of 4,500 BNB.
- VIP 9: 1.0000% 30-day spot or futures trading volume and a minimum average daily balance of 5,500 BNB.
The exchange will review users’ 30-day spot and futures trading volume shares, plus daily average BNB holdings every week. Any VIP upgrade will be automatically implemented based on the set criteria, with users retaining the highest VIP level obtained during the program period until January 31, 2024.
