Binance Upgrades the Binance Options VIP Program (2023-04-01)

Note: The Binance Options VIP Program has been updated as of 2024-02-23 08:00 (UTC). Please refer to the latest Binance Options VIP Program.

Fellow Binancians,

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 2024-02-23 08:00 (UTC)

Key Updates to Binance Options VIP Program:

• New fee structure for options traders

• VIP level upgrades to VIP 4-9 based on users’ monthly options trading volumes 

New 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 or equivalent 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.

• For users who are currently VIP 4 or above, please contact your key account coverage teams or email futures-business@binance.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 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.

• Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Thanks for your support!

Binance Team

2023-03-21

Note: This announcement was updated on 2024-02-23 to add the hyperlink to the latest version of the Binance Options VIP Program. It was previously updated on 2023-11-09 to reflect changes on the mechanism, and on 2023-10-04 and 2023-04-24 to amend the fee structure on Binance Options. 

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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.