Introduction
NFT Trader VIP
NFT Holder VIP
Introduction
What is the Binance NFT VIP Program?
The Binance NFT VIP Program offers multiple pathways for sophisticated NFT digital asset traders, investors, and market participants to become VIPs with Binance NFT. The program consists of two sub-programs: NFT Trader VIP Program and NFT Holder VIP Program.
NFT VIPs can enjoy lower trading fees on the Binance NFT Marketplace, as well as Binance VIP level upgrades of up to VIP 4 (depending on their NFT VIP level) to access exclusive privileges, such as reduced Spot and Futures trading fees, key account coverage services, and exclusive invitations to Binance events.
What are the differences between the Binance VIP and Binance NFT VIP Programs?
The Binance NFT VIP and Binance VIP Programs have different sub-programs, qualification criteria, VIP level upgrade requirements, and associated benefits. For more details on the Binance VIP Program, please refer to How to Become a Binance VIP.
A user’s Binance VIP and Binance NFT VIP levels will be determined by the different VIP sub-program(s) they are eligible for.
- Existing Binance VIP level 1 to 9 users can enjoy the Binance NFT VIP levels 1 to 9 benefits. For example, if you’re a Binance VIP 5 user, you can enjoy Binance NFT VIP level 5 benefits.
- Binance NFT VIP level 1 to 4 users can enjoy the privileges associated with Binance VIP levels 1 to 4. For example, a Binance NFT VIP level 2 user can enjoy Binance VIP level 2 privileges.
- Binance NFT VIP levels 5 to 9 will enjoy the same privileges associated with Binance VIP levels 4. Binance NFT VIP level 5 to 9 users can enjoy the privileges associated with Binance VIP level 4.
What are the benefits of becoming a Binance NFT VIP?
As a Binance NFT VIP, you can enjoy exclusive benefits including:
- Trading benefits: Enjoy reduced platform fees on the Binance NFT Marketplace, and reduced Spot and Futures trading fees.
- Personalized services: Enjoy VIP customer service support and a designated key account manager.
- Special rewards: Get invited to exclusive VIP events and receive special holiday gifts.
| Benefits | NFT VIP 1 - 3 | NFT VIP 4 - 9 | |
| Trading Benefits | NFT Platform Fee Discount | ✓ | ✓ |
| Spot/Futures Fee Discount | ✓ | ✓ | |
| 1-1 Key Account Manager | ✓ | ✓ | |
| VIP Customer Service Support | ✓ | ✓ | |
| Other Benefits | Invitations to Binance Offline Events | ✓ | ✓ |
| Exclusive Holiday Gifts | ✓ | ||
| Invitations to VIPs-only Parties | ✓ |
How to check my Binance NFT VIP level?
If you’re qualified for more than one NFT VIP sub-programs, the highest NFT VIP level shall apply. You can go to [My NFTs] to check your current NFT VIP level.
*Note: If you are enrolled in multiple NFT VIP sub-programs, your profile will reflect the highest Binance NFT VIP level you are qualified for.
When will my Binance NFT VIP level be updated?
All NFT VIP levels and fee adjustments for qualified users will be automatically updated daily at 05:00 (UTC). You don’t need to apply for the program.
Which NFT Collections will count towards the NFT VIP Program eligibility requirements?
Only trades (including purchases and sales) and NFT asset holdings on eligible NFT collections will count toward the respective purchase, sell, trading, and holding volume requirements in the NFT VIP Program. For a complete list of eligible NFT collections, please refer to this page.
How to become NFT Trader VIP?
- Under the NFT Trader VIP Program, NFT traders can automatically qualify for NFT VIP level upgrades when they meet the requirements.
- Only purchases and/or sales on eligible NFT collections will count toward the respective 30-Day NFT Sell Volume and 30-Day NFT Trade Volume requirements in the NFT Trader VIP Program. Please refer to this page for a complete list of eligible NFT collections.
- 30-Day NFT Sell Volume refers to the USDT-equivalent value of all qualified NFTs sales completed by the user at the Binance NFT Marketplace in the past 30 days.
- 30-Day NFT Trade Volume refers to the USDT-equivalent value of all qualified NFT purchases and sales completed by the user at the Binance NFT Marketplace in the past 30 days.
- Binance will use the real-time USDT exchange rate at the time the NFT purchase/sale is completed for the daily calculation of the 30-Day NFT Sell Volume and 30-Day NFT Trade Volume.
- Users who meet the corresponding sub-program’s requirements will automatically qualify for NFT VIP level upgrades.
NFT VIP Level | Eligibility Requirements for NFT Trader VIPs | NFT Trader VIP Benefits | |||
30-Day NFT Sell Volume (USDT Equivalent) | And/Or | 30-Day NFT Trade Volume (USDT Equivalent) | Trading Fees on Binance NFT Marketplace | ||
VIP 1 | ≥ 10,000 | and | ≥ 20,000 | 0.90% | VIP 1 |
VIP 2 | ≥ 50,000 | and | ≥ 100,000 | 0.80% | VIP 2 |
VIP 3 | ≥ 100,000 | and | ≥ 200,000 | 0.70% | VIP 3 |
VIP 4 | ≥ 180,000 | and | ≥ 360,000 | 0.60% | VIP 4 |
VIP 5 | ≥ 270,000 | and | ≥ 540,000 | 0.50% | |
VIP 6 | ≥ 360,000 | and | ≥ 720,000 | 0.40% | |
VIP 7 | ≥ 450,000 | and | ≥ 900,000 | 0.30% | |
VIP 8 | ≥ 540,000 | and | ≥ 1,080,000 | 0.20% | |
VIP 9 | ≥ 630,000 | and | ≥ 1,260,000 | 0.10% | |
How to check my NFT trading volume?
Currently, you cannot check your NFT trading volume on Binance NFT. You can view your NFT VIP level under [NFT User Type].
How to become NFT Holder VIP?
Under the NFT Holder VIP Program, NFT holders can qualify for NFT VIP level upgrades by meeting the Daily NFT Asset Holding Value Over the Past 30 Days (USDT equivalent) requirement.
NFT VIP Level | Eligibility Requirements for NFT Holder VIP | NFT Holder VIP Benefits | |
Daily NFT Asset Holding Value Over the Past 30 Days (USDT Equivalent) | Trading Fees on Binance NFT Marketplace | ||
VIP 1 | ≥ 100,000 | 0.90% | VIP 1 |
VIP 2 | ≥ 250,000 | 0.80% | VIP 2 |
VIP 3 | ≥ 500,000 | 0.70% | VIP 3 |
VIP 4 | ≥ 1,000,000 | 0.60% | VIP 4 |
How to calculate the asset holding requirements?
Binance will take a snapshot of all qualified NFT asset holdings in users’ accounts at 01:00 (UTC) daily. Using the NFT floor prices of all eligible NFT collections at 01:00 (UTC), Binance will then calculate users’ Daily Eligible NFT Asset Holding Value and Daily Average NFT Asset Holding Value over the past 30 days, as per the formulas below.
- Daily Eligible NFT Asset Holding Value = [(Number of NFTs from Eligible NFT Collection 1 * Floor Price of Eligible NFT Collection 1 at 01:00 UTC) + ... (Number of NFTs from Eligible NFT Collection N * Floor Price of Eligible NFT Collection N at 01:00 UTC)]
- Daily Average NFT Asset Holding Value Over the Past 30 Days = Sum of Users’ Daily Eligible NFT Asset Holding Value in the Past 30 Days / 30 (Days)
How to check my NFT holding volume?
Currently, you cannot check your NFT trading volume on Binance NFT. You can view your NFT VIP level under [NFT User Type].