Dear User:
Binance will update the Binance Options VIP Program, which will take effect from 16:00 (ET) on February 23, 2024.
Effective time: 16:00, February 23, 2024 (GMT+8) until further notice
Major updates to the Binance Options VIP program:
New fee structure for options users;
Reduced monthly options trading volume requirements for users to upgrade to VIP 7-9.
New Binance Options Fee Structure:
Monthly options trading volume (USDT) | Maker Fee Rate | Taker Fee | |
general user | < 50,000,000 | 0.0300% | 0.0300% |
VIP 4 | ≥ 50,000,000 | ||
VIP 5 | ≥ 120,000,000 | ||
VIP 6 | ≥ 250,000,000 | ||
VIP 7 | ≥ 500,000,000 | ||
VIP 8 | ≥ 750,000,000 | ||
VIP 9 | ≥ 1,000,000,000 |
Notice:
If the user's options trading volume in the previous month exceeds 50,000,000 USDT, the user will be upgraded to VIP 4 or higher. See How to become a Binance VIP;
The user's options trading volume will be reviewed on the first working day of each month. All VIP level and rate adjustments will take effect before 07:59 (GMT+8) on the third day after the review.
For more information and further enquiries, please send an email to futures-business@binance.com or communicate directly with your key account manager.
terms and Conditions:
All users must complete account verification to participate in the Binance Options VIP program;
All asset holdings, trading volumes, and other metrics related to the VIP program are measured at Binance's sole discretion. Binance reserves the right to review and ultimately approve VIP tier adjustments based on internal requirements;
Regarding the adjustment of the Binance Options API order frequency limit and the opening of write rights qualifications, please contact your key account manager or send an email to futures-business@binance.com;
For more information on the rate structure for other products and services, please refer to VIP Rate Structure;
Binance reserves the right to cancel or modify the program or rules at its sole discretion;
There may be discrepancies between the original English version and the translated version. If there are any discrepancies, please refer to the original English version for the latest or most accurate information.
Thank you for your support!
Binance Team
February 22, 2024
