According to the announcement from Binance, the platform is introducing a limited-time promotion for its Fiat Liquidity Provider Program. This initiative is designed to offer newly enrolled fiat market makers the highest available maker fee rebate rate during the specified Promotion Period. The promotion is set to run from 2026-06-01 00:00 (UTC) to 2026-08-30 23:59 (UTC), targeting market makers who enroll after 2026-05-11 00:00 (UTC). Participants in eligible fiat markets, including TRY, EUR, BRL, JPY, and USD, will automatically receive the highest rebate rate if they meet the qualification criteria, which requires achieving a Maker Volume Percentage of 0.5%.
The qualification review for promotional rebates will commence on 2026-06-01 00:00 (UTC), with liquidity providers undergoing weekly performance reviews. Maker fee rebates will be updated weekly starting from 2026-06-09 00:00 (UTC), based on the previous week's Spot trading performance across selected fiat markets. Existing participants who joined the program before 2026-05-11 00:00 (UTC) are not eligible for this promotion. The rebate rates for qualified fiat markets are set at -0.01% for TRY and EUR, and -0.015% for BRL, JPY, and USD. Calculations for rebates are based on the user's weekly Spot Maker Volume percentage relative to the total Binance Spot Maker Volume in each fiat market.
Qualified participants will benefit from maker rebates and standard VIP taker fees across eligible fiat markets, while unqualified markets will incur zero maker fees and standard VIP taker fees. The program is limited to specified fiat markets on Binance.com, with rebates settled in fiat currency regardless of the quote asset. Binance reserves the right to amend or terminate the program due to regulatory changes, technical issues, or other significant reasons.