Fee Tier | Weekly Taker Volume (USDT Equivalent) | Or | Weekly Taker Volume Share | Taker Fee Discount on USDT-M Perpetual and Delivery Contracts | Taker Fee Discount on BUSD-M Perpetual Contracts |
1 | 200 M ≤ X < 400 M | Or | 0.1% ≤ X < 0.2% | 10% | 5% |
2 | 400 M ≤ X < 2,000 M | Or | 0.2% ≤ X < 1% | 15% | 5% |
3 | X ≥ 2,000 M | Or | X ≥ 1% | 25% | 5% |
- Users may qualify for a higher fee tier and corresponding taker fee discount when trading eligible USDⓈ-M perpetual and delivery contracts, so long as they fulfill either the weekly taker volume or weekly taker volume share requirement for the respective fee tier.
- Take an example where user A reaches a weekly taker volume of 2,000 M USDT equivalent and a weekly taker volume share of 0.8% from Monday, April 24 at 00:00 (UTC) to Sunday, April 30 at 23:59 (UTC).
- User A will qualify for Fee Tier 3 as per the weekly taker volume.
- Therefore, user A will enjoy 25% off taker fees for trades on USDT-margined perpetual and delivery contracts and 5% off taker fees for trades on BUSD-margined perpetual contracts starting from Tuesday, May 2 at 00:00 (UTC) to Monday, May 8 at 23:59 (UTC) (i.e., during the Validity Period).
- As the taker fee discounts from the upgraded program will be effective from Tuesday, May 2 at 00:00 (UTC) only, users may still enjoy the respective taker fee discounts from the previous Taker Program till 2023-05-01 23:59 (UTC), if they have applied for the program previously and meet the corresponding requirements.
- Users’ weekly taker volume and weekly taker volume share will be reviewed on a weekly basis (i.e., Monday at 00:00 UTC to Sunday at 23:59 UTC).
- Any fee tier adjustments will be automatically updated on the following Tuesday at 00:00 (UTC) based on the aforementioned criteria.
- Users will be removed from the Taker Program if they do not meet the lowest criteria for three consecutive weeks. Binance Futures will not consider reapplications to the Taker Program by these users for the rest of the Validity Period.
- Taker fee discount will be directly applied to each taker trade.
- Taker fee discount is applied on top of the BNB fee discount and VIP tier rates.
- Binance Futures will provide weekly reports to participating users via email.
- Binance reserves the right to amend or terminate this Program at its sole discretion.
- Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.