Binance Introduces Certified Letter for Liquidity Pairing Program Users
We are pleased to announce that standard and premium participants in the Liquidity Pairing Program can now apply for a certified letter. The certified letter can serve as an official acknowledgement of the user’s participation in the program and their respective status and trading volumes maintained on Binance.
As of the application date, the user has obtained the standard or premium tier in the Liquidity Pairing Program.
The user fully complies with the Binance Terms of Use.
The user fully complies the Key Principles and Rules of Project-authorized Market Makers, set out below in the next section.*
Key Principles and Rules of Project-authorized Market Makers:
*All projects’ authorized market makers on Binance must comply with the principles and rules as follows:
Place orders for both bid and ask;
Ensure sufficient order size within the specified depth levels;
Maintain a healthy and stable spread for market activity;
Ensure orders are offered for a reasonable period of time, and prevent market disruption as a result of high-frequency order placement and cancellation.
To protect our users and ensure a fair and efficient market, Binance will not hesitate to take further action against any project-authorized market makers who do not comply with such principles and rules.
#Certification #PowellRemarks #eth