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How to Become a Binance VIP?

2022-10-12 09:14
General
Trader VIP
Borrower VIP
Holder VIP
Investor VIP

1. What is the Binance VIP Program?

The Binance VIP Program offers multiple pathways for sophisticated digital asset traders, investors, and market participants to become a VIP with Binance. There are four sub-programs – Trader VIP, Holder VIP, Investor VIP, and Borrower VIP – designed to meet different user needs. You can join one or several VIP sub-programs to enjoy exclusive benefits across the Binance ecosystem. Whether you want to trade in Spot or Futures, hold and stake your digital assets, or borrow via Margin or Loan, the Binance VIP Program is for you.

2. What are the benefits of becoming a Binance VIP?

As a Binance VIP, you can enjoy exclusive benefits, such as reduced Spot and Futures trading fees, lower interest rates, higher borrowing limits, higher API order frequency, key account coverage services, sub-accounts, and access to the VIP Portal.

3. How to join the Binance VIP Program?

Currently, you can choose between four sub-programs under the Binance VIP Program to become a Binance VIP. You may refer to the table below for the minimum requirements. For more details, please refer to the Binance VIP & Institutional website.

VIP Profile

Trader VIP

Holder VIP

Investor VIP

Borrower VIP

Daily Average BNB Holding

≥ 25 BNB in ​​any Binance wallet

Validity Period

Updated daily

Minimum Requirements Trade 1,000,000 USD-equivalent on Spot OR 15,000,000 USD-equivalent on Futures or 200,000 USD-equivalent on OTC over the last 30 days

Hold 500,000 USDT-equivalent on average over the last 30 days OR 500,000 USDT-equivalent during the previous day



Simple Earn

Subscribe for 250,000 USDT-equivalent in Simple Earn Locked Products on average over the last 30 days

Dual Investment

Subscribe for 180,000 USDT-equivalent in Dual Investment products on average over the last 30 days

Borrow 100,000 USDT-equivalent in Crypto Loans AND/OR VIP Loans on average over the last 30 days.

Margin liabilities can also be included. However, a 0.2 multiplier will apply in the calculation

*Note: If you are enrolled in multiple VIP sub-programs, your VIP level will reflect the highest level you are qualified for.

4. How to check my Binance VIP level?

4.1 Log in to your Binance account and go to the Binance VIP & Institutional website.

4.2 Scroll down to the [Exclusive VIP Programs] section and choose the VIP sub-program you are interested in.

5. When will my Binance VIP level be updated?

Your VIP level will be updated automatically at 00:00 (UTC) every day, based on the requirements of each VIP sub-program and your daily BNB balance. If you are enrolled in multiple VIP sub-programs, your VIP level will reflect the highest level you are qualified for. You can enjoy the VIP benefits immediately, and your updated VIP level will be displayed before 05:00 (UTC).

6. What is the required daily average BNB holding balance?

Your daily VIP level will be determined by the requirements of each VIP sub-program, as well as your average BNB holding during the previous day (from 00:00 to 24:00).

Total Daily Average BNB Balance = Sum of the Daily Average of the following:

  • Spot Account Balance
  • Margin Account Balance
  • Binance Crypto Loans Collateral Balance
  • Sub-Accounts Balance
  • Simple Earn Account Balance
  • BNB Vault Account Balance
  • Futures Wallet Balance
  • Binance Funding Wallet Balance
  • Launchpool Account Balance
  • DeFi Staking Account Balance

Binance calculates your daily BNB balance using the daily average BNB balance of the previous day. For example, if there was 0 BNB in your account and you deposited 25 BNB at 03:00 UTC on October 1, 2022, the 24-hour average BNB balance reflected in your account on October 2, 2022 would be 25 BNB * 21 / 24 = 21.875 BNB.

7. Are sub-accounts included when calculating my Binance VIP level?

Yes, all trading volume, borrowing, and asset holding under your sub-accounts will be included in the calculation of your VIP level. For managed sub-accounts, your asset holdings will be counted in the asset holdings of the trading team’s master account. Please note that asset management sub-accounts and managed sub-accounts can be whitelisted to subscribe for Locked and Flexible products under Simple Earn, and any subscriptions from those sub-accounts will be included in the VIP level calculation. However, normal sub-accounts are not eligible to subscribe to Simple Earn products.

8. Are there any other ways to become a Binance VIP?

Yes, Binance Pool miners can enjoy VIP benefits based on their average daily hashrate. For more details, please refer to Binance Pool VIP Level Calculation.

Binance Options users can also become Options VIPs to enjoy more competitive options trading fees and qualify for higher VIP levels based on their options trading volumes. For more details, please refer to the Binance Options VIP Program Announcement.