Fellow Binancians,
Binance Futures is introducing a new promotion for USDⓢ-margined futures liquidity providers, who will be able to automatically enjoy 0.005% maker fee rebates for trades on new eligible USDT-margined futures perpetual contracts for approximately 14 to 15 days.
Validity Period: 2023-11-23 at 00:00 (UTC) to 2024-04-30 at 23:59 (UTC)
How the Promotion Works:
When trading for a new eligible USDT-margined futures perpetual contract is open on Day 0, Binance Futures will take a snapshot of all liquidity providers participating in the USDⓢ-Margined Futures Liquidity Provider Program.
These liquidity providers will automatically be eligible to receive 0.005% maker fee rebates for trades on the aforementioned USDT-margined futures perpetual contract. The rebates will be effective approximately one hour after trading starts on Day 0, until Day 14 at 23:59 (UTC) (hereinafter referred to as “Incentive Period”).
Please Note:
Binance Futures will announce new USDT-margined futures perpetual contracts that are eligible for the Promotion in the corresponding listing announcement.
Maker fee rebates for eligible USDT-margined futures perpetual contracts in the Promotion will be calculated based on users’ tier in the USDⓢ-Margined Futures Liquidity Provider Program after the respective Incentive Period.
API users may query the trading fees for USDT-margined futures perpetual contracts using endpoints in the API Changelog.
Maker fee rebates are paid immediately upon trade execution.
The list of liquidity providers who are eligible to receive maker fee rebates for trades on a new eligible USDT-margined futures perpetual contract via the Promotion are final after the snapshot is taken, and will not be subject to any further changes.
Sub-accounts that are created during the Incentive Period of a new eligible USDT-margined futures perpetual contract, will not qualify to receive maker fee rebates for trades on the corresponding contract via the Promotion.
All trading volumes and metrics related to the Promotion are measured by Binance at its sole and absolute discretion.
Self trades will be excluded from maker volume calculations.
Binance reserves the right to, at its sole discretion, remove accounts from the Promotion.
Binance reserves the right to amend or terminate this Promotion or Promotion rules 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
2023-11-23
Note: This announcement was last updated on 2024-01-30 to extend the promotion end date from 2024-01-31 23:59 (UTC) to 2024-04-30 23:59 (UTC).
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
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