Informational Notes
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Binance VIP Includes OTC Trades in Spot Trading Volume Calculation

2022-08-24 08:00

Fellow Binancians,

Effective from 2022-08-24 00:00 (UTC), OTC trades will count toward the 30-day spot trading volume calculation for the VIP Program. This is in addition to trading volumes from Binance Convert, and will make it easier for users to achieve a higher VIP level and enjoy exclusive benefits, such as lower trading fees and lower borrowing rates on Margin.

Terms and Conditions:

  • All users must complete account verification to be eligible for this program.
  • Trading volumes from token conversions with a fixed conversion rate (e.g. converting an old token to a new token with a fixed conversion rate, or stablecoin pairs with 1:1 conversion ratio) will not be included in the 30-day spot trading volume calculation.
  • OTC trades will be included in the 30-day spot trading volume calculation for the VIP Program within two working days from the time of execution.
  • Please visit VIP Fee Structure or User Center to confirm your current VIP level.
  • All asset holding amounts, trading volumes, and metrics related to the program are measured by Binance at its sole and absolute discretion.

Thanks for your support!

Binance Team

2022-08-24

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

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