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How to Become a Binance VIP?
2022-10-12 09:14
General
Trader VIP
Borrower VIP
Holder VIP
Investor VIP
1. What is the Binance VIP Program?
The Binance VIP Program offers multiple pathways for sophisticated digital asset traders, investors, and market participants to become a VIP with Binance. There are four sub-programs – Trader VIP, Holder VIP, Investor VIP, and Borrower VIP – designed to meet different user needs. You can join one or several VIP sub-programs to enjoy exclusive benefits across the Binance ecosystem. Whether you want to trade in Spot or Futures, hold and stake your digital assets, or borrow via Margin or Loan, the Binance VIP Program is for you.
2. What are the benefits of becoming a Binance VIP?
As a Binance VIP, you can enjoy exclusive benefits, such as reduced Spot and Futures trading fees, lower interest rates, higher borrowing limits, higher API order frequency, key account coverage services, sub-accounts, and access to the VIP Portal.
3. How to join the Binance VIP Program?
Currently, you can choose between four sub-programs under the Binance VIP Program to become a Binance VIP. You may refer to the table below for the minimum requirements. For more details, please refer to the Binance VIP & Institutional website.
VIP Profile
Trader VIP
Holder VIP
Investor VIP
Borrower VIP
Daily Average BNB Holding
≥ 25 BNB in any Binance wallet
Validity Period
Updated daily
Minimum Requirements
Trade 1,000,000 USD-equivalent on Spot OR 15,000,000 USD-equivalent on Futures or 200,000 USD-equivalent on OTC over the last 30 days
Hold 500,000 USDT-equivalent on average over the last 30 days OR 500,000 USDT-equivalent during the previous day
Simple Earn
Subscribe for 250,000 USDT-equivalent in Simple Earn Locked Products on average over the last 30 days
Dual Investment
Subscribe for 180,000 USDT-equivalent in Dual Investment products on average over the last 30 days
Borrow 100,000 USDT-equivalent in Crypto Loans AND/OR VIP Loans on average over the last 30 days.
Margin liabilities can also be included. However, a 0.2 multiplier will apply in the calculation
*Note: If you are enrolled in multiple VIP sub-programs, your VIP level will reflect the highest level you are qualified for.
4.2 Scroll down to the [Exclusive VIP Programs] section and choose the VIP sub-program you are interested in.
5. When will my Binance VIP level be updated?
Your VIP level will be updated automatically at 00:00 (UTC) every day, based on the requirements of each VIP sub-program and your daily BNB balance. If you are enrolled in multiple VIP sub-programs, your VIP level will reflect the highest level you are qualified for. You can enjoy the VIP benefits immediately, and your updated VIP level will be displayed before 05:00 (UTC).
6. What is the required daily average BNB holding balance?
Your daily VIP level will be determined by the requirements of each VIP sub-program, as well as your average BNB holding during the previous day (from 00:00 to 24:00).
Total Daily Average BNB Balance = Sum of the Daily Average of the following:
Spot Account Balance
Margin Account Balance
Binance Crypto Loans Collateral Balance
Sub-Accounts Balance
Simple Earn Account Balance
BNB Vault Account Balance
Futures Wallet Balance
Binance Funding Wallet Balance
Launchpool Account Balance
DeFi Staking Account Balance
Binance calculates your daily BNB balance using the daily average BNB balance of the previous day. For example, if there was 0 BNB in your account and you deposited 25 BNB at 03:00 UTC on October 1, 2022, the 24-hour average BNB balance reflected in your account on October 2, 2022 would be 25 BNB * 21 / 24 = 21.875 BNB.
7. Are sub-accounts included when calculating my Binance VIP level?
Yes, all trading volume, borrowing, and asset holding under your sub-accounts will be included in the calculation of your VIP level. For managed sub-accounts, your asset holdings will be counted in the asset holdings of the trading team’s master account. Please note that asset management sub-accounts and managed sub-accounts can be whitelisted to subscribe for Locked and Flexible products under Simple Earn, and any subscriptions from those sub-accounts will be included in the VIP level calculation. However, normal sub-accounts are not eligible to subscribe to Simple Earn products.
8. Are there any other ways to become a Binance VIP?
Yes, Binance Pool miners can enjoy VIP benefits based on their average daily hashrate. For more details, please refer to Binance Pool VIP Level Calculation.
Binance Options users can also become Options VIPs to enjoy more competitive options trading fees and qualify for higher VIP levels based on their options trading volumes. For more details, please refer to the Binance Options VIP Program Announcement.
1. How to become a Trader VIP?
Users with a last 30-day Spot trading volume ≥ 1,000,000 USD-equivalent OR a last 30-day Futures trading volume ≥ 15,000,000 USD-equivalent or 200,000 USD-equivalent on OTC AND a daily average BNB holding ≥ 25 BNB are eligible to become a Binance VIP. For more details, please refer to the Binance VIP & Institutional website.
2. Which products are included in the Spot trading volume calculation?
You can check your last 30-day trading volume and BNB holding balance from [Trading Fees].
6. What special promotions will affect trading fees for VIP users?
There are several trading-related promotions that are currently available to VIP users, please refer to the Promotion Rate section for details.
1. How to become a Borrower VIP?
Users with a last 30-day average net borrowing volume ≥ 100,000 USDT-equivalent AND a daily average BNB holding ≥ 25 BNB are eligible to become a Binance VIP. For more details, please refer to the VIP Borrower Program announcement.
2. Which products are included in the net borrowing volume calculation?
3. How to calculate the 30-day average net borrowing volume?
Net Borrowing Volume = Total Volume Borrowed - Total Volume Repaid
30-Day Average Net Borrowing Volume = Average Daily Net Borrowing Volume on Crypto Loans in the Last 30 Days + Average Daily Net Borrowing Volume on VIP Loan in the Last 30 Days + (Average Daily Net Borrowing Volume on Margin in the Last 30 Days * 0.2)
1. How to become a Holder VIP?
Users with a last 30-day average asset holding ≥ 500,000 USDT-equivalent OR a daily asset holding during the previous day ≥ 500,000 USDT-equivalent AND a daily average BNB holding ≥ 25 BNB are eligible to become a Binance VIP. For more details, please refer to the VIP Holder Program announcement.
2. How to calculate the asset holding requirements for the VIP Holder Program?
30-Day Average Asset Holding (USDT-equivalent) = Sum of Daily Asset Holding (USDT-equivalent) in the Last 30 days / 30 (days)
3. Which crypto assets are included in the asset holding calculation?
All crypto assets are included in the asset holding calculation, except for BNB.
1. How to become an Investor VIP for Simple Earn?
Users with a 30-day average Simple Earn Locked Product subscription amount ≥ 250,000 USDT-equivalent AND a daily average BNB holding ≥ 25 BNB are eligible to become a Binance VIP. For more details, please refer to the VIP Investor Program for Simple Earn announcement.
2. How is the 30-day average Simple Earn Locked Product subscription amount calculated?
30-Day Average Simple Earn Locked Product Subscription Amount = [(Total Subscription Amount in the Last 30 days * Valid Subscription Period) / 30 (Days)]
*The USDT-equivalent of users’ Simple Earn Locked Product subscription amount will be used to calculate the 30-day average Simple Earn Locked Product subscription amount.
3. How to become an Investor VIP for Dual Investment?
Users with a 30-day average Dual Investment subscription amount ≥ 180,000 USDT-equivalent AND a daily average BNB holding ≥ 25 BNB are eligible to become a Binance VIP. For more details, please refer to the VIP Investor Program for Dual Investment announcement.
4. How is the 30-day average Dual Investment subscription amount calculated?
30-Day Average Dual Investment Subscription Amount = [(Total Subscription Amount in the Last 30 days * Valid Subscription Period) / 30 (Days)]
5. Is the VIP validity the same for Simple Earn and Dual Investment?
No, they are different.
Your Simple Earn VIP level will be updated daily based on the rolling 30-day average Simple Earn Locked Product subscription amount.
Your Dual Investment VIP level will be valid for one month. Please note that eligible users can only join the program once.
Сыйақылар алу үшін тіркеліңіз
Қазір тіркеліңіз – 100 USDT дейін сауда алымына жеңілдік алыңыз (расталған пайдаланушылар үшін)
