Dear User:

Binance Futures will update its Taker program. Starting from 08:00 (ET) on July 30, 2024, eligible users trading USDT-margined and USDC-margined perpetual and futures contracts within the scope of this program will enjoy up to 20% discount on contract taker fees.

Valid time: 08:00 on July 30, 2024 to 07:59 on October 29, 2024 (GMT+8)

Users whose total contract trading volume in the past 30 days is not less than 100,000,000 USDT equivalent can submit an application for a taker plan. The taker fee discount is assessed on a weekly basis.

Please note: The taker fee discount will take effect at 08:00 (GMT+8) on the following Tuesday after the user applies. Users who have applied for the previous Taker Plan do not need to apply again, the system will automatically evaluate.

Based on the weekly taker market share of the user in U-margined futures BTC, ETH and BNB pairs last week (Monday 08:00 ET to next Monday 07:59 ET), or the weekly taker market share of the user in U-margined futures (excluding BTC, ETH and BNB pairs), the user may be eligible to enjoy higher taker fee discounts for U-margined perpetual and delivery futures contracts within the scope of this program. The specific discounts are as follows:

grade

Weekly taker market share of BTC, ETH and BNB pairs in U-margin contracts

or

Weekly taker market share of users in U-margin contracts (excluding BTC, ETH and BNB pairs)

Taker Fee Discounts for USDT-margined and USDC-margined Perpetual and Futures Trading Pairs

1

0.2% ≤ X < 0.4%

or

0.2% ≤ X < 0.4%

10%

2

0.4% ≤ X < 1.2%

or

0.4% ≤ X < 1.2%

15%

3

X ≥ 1.2%

or

X ≥ 1.2%

20%

Please note:

  • During the validity period, users who meet the requirements of the Taker Program and achieve a minimum weekly taker market share of 1% on USDC-margined perpetual contracts will receive a rank upgrade one level higher than the corresponding rank of their weekly performance;

  • Alternatively, users who meet one of the following criteria: Weekly Taker Market Share of U-margined Contracts BTC, ETH and BNB Pairs, or Weekly Taker Market Share of U-margined Contracts (excluding BTC, ETH and BNB Pairs) will be eligible for a higher tier and enjoy corresponding taker discounts when trading U-margined Perpetual Contracts and Futures Contracts within the scope of this plan;

  • For example, from 08:00 on Monday, July 22 to 07:59 on Monday, July 29 (ET8), user A's weekly taker market share in BTC, ETH and BNB pairs was 2%, and 0.4% excluding BTC, ETH and BNB pairs.

    • User A will receive Tier 3 fees based on their weekly taker market share on BTC, ETH, and BNB pairs;

    • Therefore, from 08:00 on July 30, 2024 to 07:59 on August 6, 2024 (Tuesday to next Tuesday, Eastern Time), User A enjoys a 20% taker fee discount on USDT and USDC perpetual and futures contracts;

    • Since the upgraded taker discount will only take effect from 08:00 (ET on 30 July 2024), if users have previously applied for the Contract Taker Plan and met the corresponding requirements, they can still enjoy the corresponding taker fee discount of the previous taker plan before 07:59 (ET on 30 July 2024).

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terms and Conditions:

  • The user's taker market share in BTC, ETH and BNB pairs, and the taker market share excluding BTC, ETH and BNB pairs will be assessed on a weekly basis (from 08:00 on Monday to 07:59 on the following Monday, GMT+8);

  • BTC, ETH and BNB pairs taker market share refers to: weekly taker volume of users on BTC, ETH and BNB pairs divided by weekly total taker volume of BTC, ETH and BNB pairs on the U-based market (Monday 08:00 to next Monday 07:59 ET);

  • Taker market share excluding BTC, ETH and BNB pairs refers to: weekly taker volume of users excluding BTC, ETH and BNB pairs divided by weekly total taker volume excluding BTC, ETH and BNB pairs in the U-based market (08:00 Monday to 07:59 next Monday, GMT+8);

  • The weekly taker market share of USDC-margined perpetual swaps is: the weekly taker trading volume of users in USDC-margined perpetual swaps divided by the weekly total taker trading volume of USDC-margined perpetual swaps (08:00 ET Monday to 07:59 ET next Monday);

  • The taker fee discount will be assessed weekly based on the above mentioned rules and the taker fee rate will be updated at 08:00 (ET) on the following Tuesday;

  • If a user fails to meet the minimum level requirement for three consecutive weeks, the user will be removed from the Binance Futures Taker Program and Binance Futures will not consider the user's reapplication during this period.

  • The taker fee discount takes effect immediately upon completion of each transaction;

  • The Taker Plan discount can be enjoyed together with the BNB Fee Deduction and VIP Tier Rate;

  • Binance Futures will provide daily and weekly taker performance reports to participating users via email;

  • Binance reserves the right to modify, change or cancel this announcement at any time and for any reason at its sole discretion without prior notice;

  • There may be discrepancies between the original English version and the translated version. If there are any discrepancies, please refer to the original English version for the latest or most accurate information.

For more information and further enquiries, please email futures-business@binance.com or contact your sales and account managers directly.

Thank you for your support!

Binance Team

July 15, 2024