Enhanced Benefits Offered by Binance Futures Taker Program
Binance Futures, the futures trading platform of cryptocurrency exchange Binance, has recently rolled out updates to its Taker Program to provide improved benefits to eligible users engaging in trading activities.
Fee Discounts and Promotional Rates
- Effective from April 30, 2024, eligible users can enjoy a taker fee discount of up to 20% on eligible USDT-margined perpetual and delivery contracts.
- Users can avail a promotional taker fee rate of 0.0136% when trading eligible USDC-margined perpetual contracts until July 1, 2024.
Participation Criteria
- To join the Taker Program, users need to achieve a total futures trading volume of 100,000,000 USDT equivalent in the last 30 days.
- Upon meeting the criteria, users can apply for the program anytime, with eligibility assessment done during the weekly review.
Automated Eligibility Assessment
- Users who previously applied for the Taker Program are not required to resubmit their form as eligibility will be assessed automatically.
- Discounts and promotional rates will become effective the following Tuesday after the weekly review.
Higher Fee Discounts
- Based on weekly trading volume and volume share on BTC and ETH pairs, users can qualify for higher taker fee discounts on eligible contracts.
Enhanced Benefits
- Users qualifying for the Taker Program from March 26, 2024, to July 1, 2024, will receive a fee tier upgrade for achieving a minimum weekly taker volume share.
- Users can also qualify for higher fee tiers based on their trading volume and share on BTC and ETH pairs.
Illustrative Example
- For instance, User A with specific trading volumes and shares qualifies for Fee Tier 3, entitling them to a 20% discount on USDT-margined contracts and a promotional rate on USDC-margined contracts.
Binance Futures aims to enhance the trading experience by offering fee discounts and promotional rates through the Taker Program to incentivize traders and provide them with a competitive edge in the crypto futures market.
Hot Take: Elevate Your Trading Game with Binance Futures Taker Program!
Take advantage of the enhanced benefits offered by Binance Futures’ Taker Program to elevate your trading game. Enjoy fee discounts, promotional rates, and competitive advantages in the cryptocurrency futures market. Seize this opportunity to maximize your trading potential and stay ahead of the curve in the dynamic world of crypto trading!
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