Binance to Update Fiat Liquidity Provider Program with New KZT Pairs

According to the announcement from Binance, the platform will update its Fiat Liquidity Provider Program starting 2026-05-04 08:00 (UTC). This update introduces KZT pairs to the program, enhancing the trading options available to liquidity providers. The program's structure includes two tiers: Tier 1 requires a Maker Volume Percentage of 0.5%, while Tier 2 requires 1.0%. The Maker Fee Rebate Rate is set at -0.005% for Tier 1 and -0.010% for Tier 2. The qualification review for these new tiers has been effective from the same date, with liquidity providers being reviewed weekly based on a new performance review mechanism. The Maker Fee Rebates will be updated weekly starting from 2026-05-12 00:00 (UTC). These rebates will be distributed to liquidity providers based on their previous week’s Spot trading performance across selected fiat markets. The eligible fiat markets include KZT, USD, TRY, EUR, IDR, BRL, ZAR, PLN, UAH, ARS, MXN, COP, and JPY. Each market has specific requirements for Maker Volume Percentage and corresponding Maker Fee Rebate Rates. For instance, in the USD market, Tier 1 requires a 0.5% Maker Volume with a rebate rate of -0.005%, while Tier 2 requires 1.0% with a rebate rate of -0.015%. To participate, users must have a 30-day trading volume exceeding 20,000,000 USDT equivalent on Binance Spot and Margin or other platforms, and demonstrate quality liquidity providing strategies. Interested users can apply for a trial period by providing proof of trading volume. The program is limited to specified fiat markets on Binance.com, and rebates will be settled in fiat currency. Binance reserves the right to amend or terminate the program at its discretion, particularly in response to regulatory changes or technical issues.