According to the official announcement, Binance will update its custody subaccount function (MSA) from 08:00 on July 1, 2024 (Eastern Time 8). The update includes: asset requirements, fee structure, and new custody subaccount fees.
The main points are as follows:
Each custody subaccount must always maintain an asset balance of at least $100,000;
All market maker program rebates and taker program discounts do not include custody subaccounts;
Custody subaccount fees will be charged to trading teams based on the total asset value or trading volume of all custody subaccounts of each trading team.