Binance Creates First Altcoin-focused Spot Liquidity Program to Meet Demand for Deeper Liquidity and More Market Diversity

to give participants more choices:

Binance Spot Maker Program covers all spot and margin trading and enrolled participants receive 0 maker fee and can earn rebates by qualifying for higher performance tiers based on their volume. The Spot Market Program currently offers a maximum rebate of 0.8 bps.Binance Fiat Maker Program covers specified fiat markets listed on Binance.com, and enrolled participants will receive maker rebates in specific fiat currency. The Fiat Maker Program currently offers a maximum rebate of 1 bps.New Binance Altcoin LiquidityBoost Program focuses on specific altcoins and has two tiers: liquidity providers are required to meet a maker volume percentage of 0.5% and 1% to qualify for the program's Tier 1 and 2 respectively and will enjoy a Maker Fee Rebate Rate of 0.5 bps for Tier 1 and 1 bps for Tier 2. Qualification for this new Liquidity Program will be effective from 2025-06-09 and the maker fee rebates will commence from 2025-06-17.

Catherine Chen, Head of Binance VIP & Institutional commented, "We are responding to demand from market participants, particularly small and medium-sized liquidity providers, who want the choice to focus on market-making for altcoins. Our new altcoin-focused liquidity program helps liquidity providers of all levels compete in the marketplace without the pressure to market-make across bitcoin and other large cap crypto."

"Under our new Liquidity Program, a liquidity provider will enjoy rebates of 1 bps if they meet the volume requirements of selected altcoins. As the industry leader, Binance is taking the lead to give liquidity providers of all sizes as well as token projects more support to grow — users benefit the most when there is more diversity and healthier liquidity," she added.

Altcoin LiquidityBoost Program will support 18 altcoins at launch and Binance will continuously review the eligible altcoins to respond to market demand.

Interested liquidity providers can reach out to Binance VIP at mmprogram@binance.com with a record of their trading volume, or contact their Binance VIP key account coverage team if applicable. Learn more about Binance's spot Liquidity Programs here.

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