Binance News: Binance Updates Fiat Liquidity Provider Program Effective March 10, 2025

Binance will implement updates to its Fiat Liquidity Provider Program on March 10, 2025, introducing new qualification tiers and adjustments to maker fee rebates. These changes will remain in effect until June 8, 2025.Key UpdatesA new qualification tier will be added for BRL, ARS, MXN, and COP markets, expanding from one tier to two tiers.Tier 1 requires a 0.5% maker volume percentage with a -0.005% maker fee rebate.Tier 2 requires a 1.0% maker volume percentage with a -0.015% maker fee rebate.Weekly performance reviews will determine eligibility for these rebates, starting from March 10, 2025.Maker fee rebates will be updated weekly from March 18, 2025, to June 16, 2025.Eligibility and ParticipationTo qualify, users must have a 30-day trading volume of at least 20,000,000 USDT equivalent on Binance Spot and Margin or other platforms.Interested users must provide proof of trading volume and apply via [email protected] or through their Binance sales representative.Program IncentivesQualified Fiat Markets: Eligible participants receive maker rebates and standard VIP taker fees.Unqualified Fiat Markets: Zero maker fees apply, but standard VIP taker fees remain unchanged.Important NotesThe program applies only to the specified fiat markets listed.Maker rebates are settled in fiat currency, regardless of the quote asset.Participants who fail to qualify for rebates in any eligible fiat market for three consecutive weeks will be removed from the program.Binance reserves the right to amend or terminate the program due to regulatory changes, compliance obligations, or technical issues.