Binance updates fiat trading market maker program

ChainCatcher news, according to the official announcement, Binance will update its fiat trading market maker program on March 24, 2025, at 08:00 (UTC+8).

Starting from March 24, 2025, at 08:00 (UTC+8), a new EUR market tier will be added to the fiat market maker program. The review tier for this market will be adjusted from one tier to two tiers; the trading volume percentage requirement for Tier 1 orders (Maker) is 0.5%; the trading volume percentage requirement for Tier 2 orders (Maker) is 1.0%; after qualifying, the fee rate for Tier 1 orders (Maker) is -0.005%; the fee rate for Tier 2 orders (Maker) is -0.010%; market maker accounts will be reviewed weekly based on the new activity review mechanism; starting from April 1, 2025, at 08:00 (UTC+8), the maker fee rebate will be distributed based on the market maker's trading performance in the designated spot fiat market from the previous week.