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Binance Futures Launches Taker Program
2022-07-19 08:00
Fellow Binancians,
Binance Futures is launching the Taker Program with up to 20% taker fee discount starting from 2022-08-01 at 00:00 (UTC) for all USDT-margined perpetual and delivery contracts.
Validity Period: 2022-08-01 00:00 (UTC) to 2022-10-31 23:59 (UTC)
The taker fee discount will be based on the user’s taker ratio and taker market share in the previous month. Refer to the table below for more details:
Fee Tier
Monthly Taker Market Share
And
Taker Ratio
Taker Fee Discount on USDT-M Perpetual and Delivery Contracts
1
0.1% ≤ X
and
≥ 60%
5%
2
0.5% ≤ X
and
≥ 60%
10%
3
X ≥ 2%
and
≥ 60%
20%
For example:
If user A’s taker market share in July is 1.5%, and his/her taker ratio is 65%, he/she will enjoy 10% off his/her taker fee for trades on USDT-M perpetual and delivery contracts in August.
Terms & Conditions
Any fee tier adjustments will automatically be updated for the succeeding calendar month based on the aforementioned criteria.
Users’ taker ratio and monthly taker market share will be reviewed on a monthly basis (the first day at 00:00 (UTC) to the last day at 23:59 (UTC) in each calendar month).
Users will be removed from the Taker Program if they no longer meet the lowest criteria.
Taker fee discount will be directly applied to each taker trade.
Users don’t need to submit an application. Binance Futures will invite qualified users to enroll in the Taker Program and provide weekly and monthly reports to participating users via email.
Binance reserves the right to amend or terminate this Program at its sole discretion.
Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
Risk Warning: Digital asset prices can be volatile. The value of your investment can go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Futures trading, in particular, is subject to high market risk and price volatility. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.
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