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Updates On Binance Tiered Trading Fee Discount Program

The changes will provide better service for the user.

Binance had introduced a new Tiered Trading Fee Discount Program on 21 July 2019. It has adjusted the tiered trading fee discount program at 8:00 (UTC) on Aug 28. This will provide a better service for the user’s claims Binance.

As per the announcement, the required BTC trading volume threshold for VIP1 is set to ≥50 BTC (from ≥100 BTC previously). VIP0 will enjoy Maker/Taker charges as low as 0.06% instead of 0.10%. For more details, refer Binance official announcement. Also, Binance may change the discount rates based on market conditions.

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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