Fellow Binancians,
Binance Futures is upgrading the Taker Program starting from 2023-02-07 at 00:00 (UTC), where eligible users may enjoy up to a 25% taker fee discount for eligible USDⓈ-M perpetual and delivery contracts.
Validity Period: 2023-02-07 00:00 (UTC) to 2023-04-30 23:59 (UTC)
Only users who reach a total Futures trading volume of 100,000,000 BUSD equivalent in the last 30 days, may submit an application for the Taker Program at any time and be assessed in the weekly review of the Taker Program.
Please note that taker fee discounts will only be effective from the following Tuesday after the user’s application, where applicable. Users who have applied for the previous Taker Program are not required to resubmit the form.
The taker fee discount will be based on the user’s taker ratio and taker volume share in the previous week (i.e., Monday at 00:00 UTC to Sunday at 23:59 UTC). Refer to the table below for more details:
Fee Tier | Weekly Taker Volume Share | And | Taker Ratio | Taker Fee Discount on USDT-M Perpetual and Delivery Contracts | Taker Fee Discount on BUSD-M Perpetual Contracts |
1 | 0.05% ≤ X < 0.1% | And | ≥ 60% | 10% | 5% |
2 | 0.1% ≤ X < 0.5% | And | ≥ 60% | 15% | 5% |
3 | 0.5% ≤ X< 1% | And | ≥ 60% | 25% | 5% |
4 | 1% ≤ X | And | N/A | 25% | 5% |
Please Note:
- If user A’s weekly taker volume share from Monday, 30 Jan at 00:00 (UTC) to Sunday, 5 Feb at 23:59 (UTC) 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 and 5% off taker fees for trades on BUSD-margined perpetual contracts from Tuesday, 7 Feb at 00:00 (UTC) to Monday, 13 Feb at 23:59 (UTC) (i.e. during the Validity Period).
- Users may still enjoy taker fee discounts from 2023-02-01 00:00 (UTC) to 2023-02-06 23:59 (UTC) if they meet the requirements of the previous Taker Program.
Terms & Conditions
- Users’ taker ratio and weekly taker volume share will be reviewed on a weekly basis (i.e., Monday at 00:00 UTC to Sunday at 23:59 UTC).
- Any fee tier adjustments will be automatically updated for the following Tuesday at 00:00 (UTC) based on the aforementioned criteria.
- Users will be removed from the Taker Program if they do not meet the lowest criteria for three consecutive weeks. Binance Futures will not consider reapplications to the Taker Program by these users for the rest of the Validity Period.
- 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 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 teams.
Thanks for your support!
Binance Team
2023-01-18
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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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