Dear User:

Binance NFT platform will launch the NFT VIP program at 13:00 (ET) on June 1, 2023, providing additional privileges to all eligible NFT users.

The program includes two sub-programs: NFT Trader VIP Program and NFT Holder VIP Program. Under the NFT Trader VIP Program, NFT traders can automatically obtain NFT VIP level upgrades by meeting the 30-day NFT sales volume and 30-day NFT trading volume requirements. In addition, NFT holders can automatically obtain NFT VIP level upgrades in the NFT Holder VIP Program by meeting the 30-day average NFT asset holding value requirements.

NFT VIP users will enjoy lower trading fees on the Binance NFT market and will be able to enjoy Binance VIP 4 based on their NFT VIP level. This will allow users to enjoy Binance VIP-only privileges such as: reduced spot and futures trading fees, dedicated customer service, and invitations to exclusive Binance events.

NOTE: Only eligible NFT collections count towards the NFT VIP program requirements. For a full list of eligible NFT collections, see this page.

NFT Trader VIP Program Requirements:

NFT holder VIP program requirements:

Notice:

• Users who meet the requirements of the corresponding sub-plan will be automatically upgraded to the corresponding NFT VIP level at 13:00 (GMT+8) every day. Users do not need to apply for the plan.

• Users can check their Binance NFT profile to check their current NFT VIP tier. If a user qualifies for multiple NFT VIP sub-programs, the highest NFT VIP tier will apply.

• According to the table above, all NFT VIP users will also be eligible for Binance VIP 4 daily at 13:00 (ET) based on their NFT VIP level. In addition, existing Binance VIP 1-9 users will be able to enjoy lower transaction fees on the Binance NFT market as they will be automatically matched with NFT VIP 1-9 levels in the NFT VIP program.

  • For example: Binance VIP 9 and NFT VIP 9 users will enjoy the same discounted fees when completing transactions on the Binance NFT Marketplace. The same applies to Binance VIP 8 and NFT VIP 8 users, etc.

• NFT Trader VIP Program:

  • Only purchases and sales of eligible NFT collections will count toward the 30-day NFT sales volume and 30-day NFT trading volume requirements (if applicable) in the NFT Trader VIP program. Please refer to this FAQ for a complete list of eligible NFT collections.

  • 30-day NFT sales volume refers to the total USDT equivalent of all eligible NFTs sold by users on the Binance NFT market in the past 30 days.

  • 30-day NFT trading volume refers to the total USDT equivalent of all eligible NFTs purchased and sold by users on the Binance NFT market in the past 30 days.

  • Binance will calculate the 30-day NFT sales volume and 30-day NFT trading volume using the real-time USDT exchange rate when the NFT buy/sell order is completed.

• NFT Holder VIP Program

  • Only the NFT asset holding value of eligible NFT collections will be counted towards the relevant asset holding value requirement in the NFT Holder VIP Program. For a complete list of eligible NFT collections, please refer to this page.

  • Binance will take a snapshot of all eligible NFT asset holdings in user accounts at 09:00 (ET) every day. Binance will then calculate the 30-day average NFT asset holding value for each user using the NFT reserve price of all eligible NFT collections at 09:00 (ET).

    • Daily Qualified NFT Asset Holding Value = [(Number of NFTs in Qualified NFT Collection 1 x Floor Price of Qualified NFT Collection 1 at 09:00 (GMT+8)) + ... (Number of NFTs in Qualified NFT Collection N x Floor Price of Qualified NFT Collection N at 09:00 (GMT+8))]

    • Average daily NFT asset holding value in the past 30 days = Sum of the daily qualified NFT asset holding value of users in the past 30 days / 30 (days)

Learn more about the Binance NFT Marketplace:

• About NFT VIP Program

• How to get started with the Binance NFT Marketplace

• How to Buy NFTs on Binance NFT Marketplace

• How to Sell NFTs on Binance NFT Marketplace

terms and Conditions:

• Only users who have completed identity authentication are eligible to list and trade NFTs on the Binance NFT market platform.

• All NFT asset holding values, NFT trading volumes, and metrics related to the NFT VIP program are measured by Binance itself. Binance reserves the right to review and ultimately approve tier adjustments based on internal requirements.

• Volume includes both buys and sells and excludes any wash trades.

• Binance reserves the right to disqualify users from participating in the program if their accounts are involved in any dishonest or fraudulent behavior, such as wash trading, illegal bulk account registration, self-trading, or market manipulation.

• For more information on the rate structure for other products and services, see: VIP Rate Structure.

• Users can view their NFTs through Binance NFT Marketplace > My NFTs > Collections.

• Binance reserves the right to immediately disqualify any participant showing signs of fraudulent behavior.

• When the translated terms and conditions of this activity are inconsistent with the original English version, the English version shall prevail.

Thank you for your support!

Binance Team

May 29, 2023