Fellow Binancians,
To provide better support to Binance Link clients, Binance has upgraded the Binance Link Tier Structure and Benefit System, effective as of 2022-04-06 at 00:00 (UTC). In this upgrade, we have taken into account market factors and user feedback. Binance Link clients will enjoy the benefits with a lower requirement.
The main adjustments are as follows:
The denomination of trading volume requirements is changed from BTC to USDT.
The average number of monthly trading users required in a quarter is now based on the number of active users, instead of new users.
Binance Link Tier Structure
* Note:
Link and trade clients are required to fulfill the average monthly trading volume in a quarter and the average number of monthly trading users in a quarter requirements to enjoy the benefits stipulated in the table below. On the other hand, exchange link clients are required to fulfill the requirement for average monthly trading volume in a quarter only, to enjoy the same benefits.
If a Binance Link client does not meet the requirement(s) of the Bronze Tier, the rebate will be adjusted to the base ratio (20% for spot and 10% for futures). If a Binance Link client fails to meet the requirement(s) of the Bronze Tier for two consecutive reviews, the Binance Link client will be disqualified and the Binance Link ID will be revoked.
Benefit System
Notes:
While link and trade clients will stand to enjoy futures link and trade rebates, exchange link clients may qualify to enjoy exchange link futures rebates instead.
The existing tiers for link and trade clients, which are based on the average monthly trading volume in a quarter and the average number of monthly trading users in a quarter, will be automatically adjusted. The same applies for exchange link clients, who are required to fulfill the requirement for average monthly trading volume in a quarter only, to qualify for each tier and the corresponding benefits.
Please note that Binance Link clients will be eligible to receive spot link and trade rebates from spot trades completed by their regular and VIP 1-2 users only. On top of that, link and trade clients will only receive futures link and trade rebates from USDⓈ-M futures trades and COIN-M futures trades completed by their regular and VIP 1-2 users.
Tiers and the corresponding benefits will be adjusted at the beginning of each quarter. Each Binance Link client will receive the update email from Binance.
Newly onboarded Binance Link clients will have a fixed rebate period of three months, during which they will not participate in tier review.
All Binance Link clients are prohibited from distributing any spot/futures link and trade and exchange link spot/futures rebates to their users. Binance reserves the right to cancel or amend reward(s), as well as to disqualify Binance Link clients, if it determines in its sole and absolute discretion that Binance Link clients are acting fraudulently or not in accordance with any applicable terms and conditions.
If you have any questions, please reach out to link@binance.com.
Thanks for your support!
Binance Team
2022-04-06
Note: The announcement was last updated on 2023-11-28. It was previously updated on 2023-09-28 to add the exchange link spot rebate ratio, on 2023-09-07 to clarify that link and trade clients will only receive USDⓈ-M futures rebates from regular and VIP 1-2 users, and to reflect changes to the benefit system, on 2023-07-03 to clarify that Binance Link clients will only receive spot and futures API rebates from the corresponding trades completed by users who meet specific VIP level requirements, on 2023-05-10 to clarify that the Binance Link clients are not allowed to distribute any spot API, futures API or futures referral rebates to their users, on 2023-04-06 to clarify the different tier requirements for link and trade clients and exchange link clients, and include futures referral rebates in the benefit system, as well as on 2022-08-05.
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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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