Fellow Binancians,

Binance Futures is upgrading the Taker Program starting from 2022-11-01 at 00:00 (UTC), where eligible users may enjoy up to a 25% taker fee discount for all USDT-margined perpetual and delivery contracts.

Validity Period: 2022-11-01 00:00 (UTC) to 2023-01-31 23:59 (UTC)

Users may submit an application for the Taker Program at any time and be assessed in the monthly review of the Taker Program. Please note that taker fee discounts will only be effective in the month following the user’s application, where applicable.

The taker fee discount will be based on the user’s taker ratio and taker volume share in the previous month. Refer to the table below for more details:

Fee Tier	Monthly Taker Volume Share	And	Taker Ratio*	Taker Fee Discount on USDT-M Perpetual and Delivery Contracts
1	0.05% ≤ X < 0.1%	And	≥ 60%	10%
2	0.1% ≤ X < 0.5%	And	≥ 60%	15%
3	0.5% ≤ X	And	≥ 60%	25%

* Note: The taker ratio criterion for the Taker Program may be waived if the eligible user’s monthly taker volume is more than $20 billion.

Additional Volume Growth Incentive:

Qualified participants in the Taker Program are eligible to receive a 25% taker fee discount in the coming one month if their monthly taker volume share has increased by at least 35% in the previous month.

For example:

• Tiered Fee Discount: If user A’s monthly taker volume share in November 2022 is 0.6%, and his/her taker ratio is at 60%, user A will enjoy 25% off taker fees for trades on USDT-margined perpetual and delivery contracts in December 2022.
• Volume Growth Incentive: If user B’s monthly taker volume share is 0.06% in October 2022 and 0.081% in November 2022 with a taker ratio at 60%, user B will enjoy 25% off taker fees for trades on USDT-M perpetual and delivery contracts in December 2022.

Enroll in the Taker Program Now!

Terms & Conditions

• Any fee tier adjustments will be automatically updated for the following calendar month based on the aforementioned criteria.
• Users’ taker ratio and monthly taker volume share will be reviewed on a monthly basis (i.e., the first day at 00:00 (UTC) to the last day at 23:59 (UTC) in each calendar month).
• Users will be removed from the Taker Program if they no longer meet the lowest criteria.
• 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 and monthly 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.

Thanks for your support!

Binance Team

2022-10-14

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

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