Binance Updates Binance Options VIP Program (2024-02-23)

Fellow Binancians,

Effective from 2024-02-23 08:00 (UTC), Binance will be updating Binance Options VIP Program. 

Validity Period: 2024-02-23 08:00 (UTC) until further notice

Key Updates to Binance Options VIP Program:

• New flat fee structure for all options traders

• Lower users’ monthly options trading volume requirements for upgrading to VIP 7-9 levels 

New VIP and Fee Structure on Binance Options:

Note: 

• Users will qualify for VIP level upgrades to VIP 4 or above if their Binance Options trading volume exceeds 50,000,000 USDT in the previous month. Learn how to become a Binance VIP.

• Users’ monthly options trading volumes will be reviewed on the first working day of each month. All VIP level and fee adjustments for qualified users will be effective by 23:59 (UTC) of the following day. 

For more information and further inquiries, please email futures-business@binance.com or speak directly with your sales and key account coverage teams.

Terms & Conditions:

• All users must complete account verification to participate in the Binance Options VIP Program.

• All asset holding amounts, trading volumes, and metrics related to the program are measured by Binance at its sole and absolute discretion. Binance reserves the rights to the review and final approval of tier adjustments, in line with its internal requirements.

• For all requests pertaining to the adjustments of Binance Options API order rate limits and access to Options writing, please contact your key account coverage teams or email futures-business@binance.com.

• For more information on the fee structures of other products and services, please refer to the VIP Fee Structure.  

• Binance reserves the right to cancel or amend the Program or Program rules at its sole discretion.

• There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

Thank you for your support!

Binance Team

2024-02-22 

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Disclaimer: Digital asset prices can be volatile. The value of your investment may 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. Options trading, in particular, is subject to high market risk and price volatility. 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.