🚀 **Binance Managed Sub-account (MSA) Updates!** 🚀
**📢 Starting from 2024-07-01 00:00 (UTC):**
🔑 **Key Highlights:**
- **Minimum Asset Requirement**: Maintain at least **100,000 USD** worth of assets per MSA.
- **No Rebates**: MSAs excluded from liquidity provider program rebates and taker program discounts.
- **New MSA Fee**: Charged based on total asset value or trading volume, applied to the trading team’s master account.
📋 **Detailed Updates:**
1️⃣ **Asset Holding Requirement**:
- Maintain a monthly average of **100,000 USD** equivalent.
2️⃣ **Program Restrictions**:
- **Liquidity Program**: No rebates, maker fee for MSAs is **0**.
- **Taker Program**: No discount on USDⓈ-Margined Futures Taker Program, but MSA volume counts towards the taker program.
3️⃣ **MSA Fee Structure**:
- **Minimum Fee**: **500 USDT** per month.
- **Asset Value Based Fee**:
- < 2,500,000 USD: **2.0% Annualized**
- 2,500,000 ≤ 10,000,000 USD: **1.5% Annualized**
- 10,000,000 ≤ 25,000,000 USD: **1.0% Annualized**
- ≥ 25,000,000 USD: **0.5% Annualized**
- **Trading Volume Based Fee**:
- **Spot Trading**: **0.002% Fee Rate**
- **Futures Trading**: **0.001% Fee Rate**
4️⃣ **Terms and Conditions**:
- Fees and volumes determined by Binance.
- Binance may amend or terminate MSA based on compliance or technical issues.
- Binance reserves the right to change terms at any time.
For more details, check our **VIP & Institutional services page**.
