Fellow Binancians,
Binance Futures is upgrading the Taker Program starting from 2023-05-02 at 00:00 (UTC), where eligible users may enjoy a taker fee discount of up to 25% on eligible USDⓈ-M perpetual and delivery contracts.
Validity Period: 2023-05-02 00:00 (UTC) to 2023-07-31 23:59 (UTC)
Users who reach a total futures trading volume of 100,000,000 USDT equivalent in the last 30 days, may submit an application for the Taker Program at any time and be assessed in the weekly review of the Taker Program. Users who have applied for the previous Taker Program are not required to resubmit the form, and will be assessed for eligibility automatically. Taker fee discounts will be effective from the following Tuesday after the weekly review.
The taker fee discount will be based on the user’s taker volume and taker volume share of trades on USDⓈ-M perpetual and delivery contracts in the previous week (i.e., Monday at 00:00 UTC to Sunday at 23:59 UTC). Refer to the table below for more details:
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% |
Please Note:
- 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.
Terms & Conditions
- 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.
For more information and further inquiries, please email futures-business@binance.com or speak directly with your sales and key account coverage teams.
Thanks for your support!
Binance Team
2023-04-18
Find us on
Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Risk Warning: 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. Futures trading, in particular, is subject to high market risk and price volatility. All of your margin balance may be liquidated in the event of adverse price movement. 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.