Binance to Update Fiat Liquidity Provider Program with AED Pairs

According to the announcement from Binance, the platform is set to update its Fiat Liquidity Provider Program on 2026-06-04 at 08:00 (UTC). This update will introduce AED pairs to the program, with qualification reviews and new tier updates becoming effective on the same date. Liquidity providers will undergo weekly reviews based on a new performance review mechanism. The Maker Volume Percentage requirement for Tier 1 is set at 0.5%, while Tier 2 requires 1.0%. The Maker Fee Rebate Rate is -0.005% for Tier 1 and -0.010% for Tier 2, with rebates updated weekly starting from 2026-06-09 at 00:00 (UTC). The program's mechanism involves distributing Maker Fee Rebates to liquidity providers based on their previous week's Spot trading performance across selected fiat markets. Eligible fiat markets include AED, KZT, USD, TRY, EUR, IDR, BRL, ZAR, PLN, UAH, ARS, MXN, COP, and JPY. For each market, the user's weekly Spot Maker Volume percentage is calculated against the total Binance Spot Maker Volume. The program offers incentives for participants qualifying for at least one eligible fiat market, with qualified markets receiving maker rebates and standard VIP taker fees on all pairs. Unqualified markets will have zero maker fees and standard VIP taker fees. Participants with a 30-day trading volume exceeding 20,000,000 USDT equivalent on Binance Spot and Margin or other platforms, and who demonstrate quality liquidity providing strategies, are invited to join the program. Maker Fee Rebates are effective from 00:00 (UTC) each Tuesday to 23:59 (UTC) the following Monday, and are paid hourly to each account executing trades. Binance reserves the right to amend or terminate the program at its discretion, citing reasons such as regulatory changes, technical issues, or the need to protect users and the platform's reputation.