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Binance to Update Fiat Trading Market Maker Program

7 hours ago

July 9th. As per an official announcement, Binance is set to update its Fiat Market Maker Program on July 14, 2025 at 08:00 (GMT+8). The key updates are as follows: 1. Commencing from July 14, 2025 at 08:00 (GMT+8), a new TRY market tier will be incorporated into the Fiat Market Maker Program. The audit tier for this market will be revised from one tier to two tiers. 2. The percentage requirements for Maker order volume in Tier 1 will be 0.5%, and for Tier 2 will be 1.0%. 3. Once meeting the qualifications, the Maker order fee rates for Tier 1 will be -0.005%, and for Tier 2 will be -0.010%. 4. The new Fiat Market eligibility review will come into effect from July 14, 2025 at 08:00 (GMT+8). Market maker accounts will be reviewed on a weekly basis according to the new activity review mechanism. 5. Starting from July 22, 2025 at 08:00 (GMT+8), Maker order fee rebates will be distributed based on the previous week's market maker performance in designated spot fiat markets.
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