Binance Upgrades the Binance Options VIP Program (2023-04-01)
Binance is pleased to upgrade Binance Options VIP Program, effective from 2023-04-01 00:00 (UTC). This upgrade will allow users to enjoy more competitive options trading fees and qualify for higher VIP Levels via Options trading volumes.
Validity Period: 2023-04-01 00:00 (UTC) until further notice
Key Updates to Binance Options VIP Program:
New fee structure for Options traders
VIP level upgrades to VIP 4-9 via users’ last 30-day Options trading volumes
New Fee Structure on Binance Options:
Users will be automatically enrolled in the program if their Binance Options trading volume exceeds 1,500,000 USDT or equivalent in the last 30 days.
Users will qualify for VIP level upgrades to VIP 4 and above if their Binance Options trading volume exceeds 50,000,000 USDT or equivalent in the last 30 days. Learn how to become a Binance VIP.
Users’ 30-day Options Trading Volumes will be reviewed on the first Monday of each month. All VIP level and fee adjustments for qualified users will be effective the following day.
For more information and further inquiries, please email firstname.lastname@example.org 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.
For users who are currently VIP 4 and above, please contact your key account coverage teams or email email@example.com to enjoy lower Options trading fees that correspond to your VIP level, as per the above table.
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 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 firstname.lastname@example.org.
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.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
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Note: This announcement was last updated on 2023-04-24 to amend the options trading fee structure for Binance Options VIPs and VIP 4-9 users.
Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.