Fellow Binancians,
Effective from 2024-03-14 12:30 (UTC), Binance will merge the existing VIP Investor Programs for Simple Earn Locked Products and Dual Investment into one unified VIP Investor Program, and upgrade the program to include subscription amounts from Simple Earn Flexible Products and ETH Staking.
This upgrade makes it more convenient for users holding assets in multiple Earn products to qualify for any of the VIP 1-4 levels and unlock more rewards as a Binance VIP. Users who meet the 30-day average earn subscription amount and daily average BNB holding requirements specified below will be automatically upgraded to the corresponding VIP tier between 01:00 (UTC) to 06:00 (UTC) of the following day, if the program qualifies them for a higher VIP level than their current standing.
Upgraded VIP Investor Program Requirements:
How Your 30-Day Average Earn Subscription Amount Is Calculated:
30-day average earn subscription amount = Sum of daily earn subscription amount in the past 30 days / 30 (days).
Daily earn subscription amount = Sum of users’ total subscription amounts in Simple Earn Flexible and Locked Products, Dual Investment, and ETH Staking.
A snapshot of users’ 30-day average earn subscription amount and daily average BNB holdings is taken daily at 23:59:59 (UTC) using the real-time USDT exchange rate.
Please note that Binance will consider WBETH holdings in the Earn wallet as users’ subscription amount in ETH Staking, and assets that are directly subscribed into Launchpads and/or Launchpools will not count toward the calculation of users’ 30-day average earn subscription amount.
Benefits of Becoming a Binance VIP:
Lower trading fees: Discounted fee structure based on VIP levels. The higher the level, the greater the discounted rate.
Customized limits: Flexible trading limit configurations, including spot and futures rate limits, increased API limits, withdrawals, sub-accounts, and more.
Bespoke products: Tailor-made solutions to suit an organization’s business and trading needs.
Exclusive invitations: Access to closed-door exclusive VIP gatherings, industry events and promotional campaigns.
Dedicated support: Priority assistance available, with dedicated account manager or key account coverage based on your VIP level.
Terms & Conditions:
Only verified users may participate in the VIP Investors Program.
Users’ 30-day average earn subscription amount and daily average BNB holdings will be reviewed on a daily basis (i.e., from 00:00 UTC to 23:59 UTC).
VIP tier upgrades from the VIP Investors Program will automatically take effect between 01:00 (UTC) to 06:00 (UTC) of the following day.
All volume and metrics related to the program are measured by Binance at its sole and absolute discretion.
Should a user qualify for a higher VIP level under another subprogram of the Binance VIP Program, the highest VIP level will apply. Users may visit our VIP Fee Structure or User Dashboard to confirm their current VIP level.
Binance reserves the right to amend or terminate this program at its sole discretion.
Visit Binance VIP & Institutional services for more details.
There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
We look forward to welcoming you as a Binance VIP.
Thank you for your support!
Binance Team
2024-03-07
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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.
Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Simple Earn Locked Products will return the digital assets to users’ spot accounts after the agreed period ends or upon early redemption. Binance does not guarantee that you will receive any specific reward over time. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted returns/yield in any fiat currency. APR is adjusted daily and the estimated rewards may differ from the actual rewards generated. For Dual Investment, you may be better off holding your cryptocurrency, and may be required to trade at a rate less favorable than the market rate on the Settlement Date. Not financial advice. For more information, see our Terms of Use and Risk Warning.
