Binance Updates Fiat Liquidity Provider Program (2024-04-10)
Fellow Binancians,
Binance will be updating its Fiat Liquidity Provider Program at 2024-04-10 00:00 (UTC).
Key Updates:
MXN market will be added into the Fiat Liquidity Provider Program starting from 2024-04-10 00:00 (UTC).
CZK market will be added into the Fiat Liquidity Provider Program starting from 2024-04-11 10:00 (UTC).
Delisted markets are removed from the fiat market list.
The qualification review of new markets will be effective starting from 2024-04-10 00:00 (UTC). Liquidity providers will be reviewed weekly based on the new performance review mechanism.
Effective from 2024-04-16 00:00 (UTC), maker fee rebates will be distributed to liquidity providers based on their previous week’s trading performance across spot trades on the selected fiat markets.
Mechanism
Eligible Fiat Markets
User’s Weekly Spot Maker Volume % of the Total Binance Spot Maker Volume in Each Eligible Fiat Market
Base Maker Fee Within the 3-Week Trial
Maker Fee Rebate Rate (If Qualified)
TRY
2.0%
0
-0.004%
2.0%
-0.004%
BRL
1.0%
-0.006%
GBP
1.0%
-0.006%
ZAR
0.5%
-0.010%
PLN
0.5%
-0.010%
UAH
0.5%
-0.010%
ARS
0.2%
-0.010%
RON
0.5%
-0.010%
MXN
0.5%
-0.010%
CZK
0.5%