Markets. We’re always looking for new ways to improve the user experience of the broad offering of Binance products and services. Trading fees can be reduced 25% by using Binance Coin (BNB) held in your account. Benefits include trading benefits, service benefits, ecological benefits, etc. Sort by. If your 30-day Spot trading volume at another exchange is 81,000 BTC, which is equal to VIP level 8 at Binance, you will receive VIP level 9 instead. Trading Fees range from 0.1% for maker and taker to 0.02% / 0.04%, depending upon VIP level status. Low fees Binance is famous in part for having extremely low fees on trading. Trade. Fees are generally lower for “maker” trades (those that are placed on the order book) than “taker” trades. The maximum VIP level you can receive from this offer is VIP level 3. Click here to learn more about this promotion. Once you meet the requirements above, please contact us at vip@binance.com, and our friendly account managers will get you up and running in no time. The exchange offers eight different levels of fees discount ranging from VIP 1 to VIP 8. Taking a look at the largest discount level that Binance offers, VIP 8 requires that your account holds 11,000 BNB and has traded 150,000 BTC in volume over a 30-day period. Only once you reach both of these requirements you’ll become eligible to apply. Derivatives. The Binance VIP program is a complex reward system designed to benefit you and help you maximize your revenue. Binance is famous in part for having extremely low fees on trading. This was at 17:59 Feb 19th. The following shows the fees charged for each such contract category, with specifications of how it changes due to your VIP-level (0-9): The fees charged by Binance for its futures trading are a bit below industry average, as the standard taker fee is 0.075% and the standard maker fee is … We will determine your VIP level based on your average daily hashrate on Binance Pool. News and updates from the world’s leading cryptocurrency exchange, Become a VIP Trader on Binance and Enjoy Unique Benefits, Fast and secure decentralized digital asset exchange, USDⓈ margined with no expiration and up to 125x leverage, Token margined with or without expiry dates and up to 125x leverage. This campaign ends on January 26, 2021. To encourage users with high trading volume, Binance will upgrade the VIP level of users with holdings of 20 BTC and higher at Binance, or 100 BTC at other exchanges, to a VIP+1 tier for a month. Refer Friends to Earn. You can also reduce your trading fees on Binance by increasing your trading volume. I have zero confirmation email from Binance about the transaction, so I can’t even confirm whether or not it has failed on their end. Visit the Blog. OTC allows you to enjoy block trading, which eliminates the price slippage, enables instant payments, and comes with zero trading fees. Traders are categorized into VIP Levels, ranging from Level 0 to Level 9. Show us your trading volume (Sport, Margin, Futures) on competitor exchanges and we’ll offer you a VIP tier, one level higher than what you would have received if you had traded this volume on Binance for 2 months.Example: Your 30-day trading volume on a competitor exchange is 225,000 BTC, which is equal to VIP level 7 at Binance Futures. Once you verify the account, you move to level 2 that gives you deposit and withdrawal limit increases. Show us your trading volume (Sport, Margin, Futures) on competitor exchanges and we’ll offer you a VIP tier, one level higher than what you would have received if you had traded this volume on Binance for 2 months. Please refer to our Key Account Coverage page for more details. Benefits include trading benefits, service benefits, ecological benefits, etc. To become a VIP trader, you must meet two requirements The first requirement is simple: you must have at least 50 BNB in your wallet. However, not all trading fees are applicable to pay with the Binance … I am trying to access the isolated margin information such as different borrow limit with respect to different VIP levels. Buy & sell Crypto in minutes. Binance.US may adjust the tiered trading fee discount based on future market conditions and reserves the right to adjust the rules of the program. Level 30d Trade Volume (BTC) &/or BNB Balance Maker / Taker. There are also VIP levels which provide discounts and rebates for large trading volumes. The programme consists of 9 VIP levels, where each level requires a higher trading volume … Working with the API’s for algorithmic trading Both Binance and FTX have …