Updates to Binance Fiat Liquidity Provider Program

In order to provide users with better services and better market liquidity, Binance will update the global market maker plan for the legal currency trading market at 08:00 on December 27, 2021 (East Eighth District time).

The main updates are as follows:

The market maker plan is only applicable to specific legal currency trading pairs on Binance.com, and the market maker will get the corresponding score of the currency pair based on the volume of pending orders.

Since the liquidity of each legal currency trading pair and the legal currency market is different, the corresponding scores of each specific currency pair are also different.

Binance will determine the eligibility for the commission rebate of pending orders based on the accumulated points obtained by market makers in the spot and leveraged markets in the specific legal currency market every week.

Starting from 08:00 on December 27, 2021 (East Eighth District Time), Binance will evaluate the market maker’s rebate qualifications according to the updated review mechanism every week.

Starting from 08:00 on January 3rd, 2022 (East Eighth District Time), Binance will rebate the commission for pending orders based on the performance of the market maker from December 27, 2021 to January 2, 2022.

Weekly market-making performance evaluation criteria (including but not limited to).

The percentage of the pending order transaction volume of a specific legal currency trading pair to the total pending order transaction volume of the legal currency market.

Cumulative points are obtained in a specific legal currency market.

A user with a trading volume of not less than 1,000 BTC (on Binance or other trading platforms) within 30 days and an excellent pending order strategy can apply to join the global market maker program of the legal currency trading market and enjoy all legal currency transactions in the program The right special order (Maker) rate.

If you are interested in the market maker program, please provide proof of transaction volume for nearly 30 days (both in Binance or other trading platforms), send an email to mmprogram@binance.com to apply, or contact your key account manager directly.

Go to Binance Official Website