According to the announcement from Binance, the cryptocurrency exchange is set to update its USDⓢ-M Futures Taker Program, effective from 2025-08-12 07:00 (UTC). The update aims to provide more value and competitive services to users by significantly lowering entry thresholds across all tiers, allowing more active traders to reach the top tier. The changes include a reduction in the requirement for Tier 1 from 0.2% to 0.05%, making fee discounts more accessible to a broader range of takers. Tier 2 requirements will be lowered from 0.4% to 0.2%, and Tier 3 from 1.2% to 1%. These new Taker Fee Discounts will be updated weekly based on user eligibility, with the first evaluation based on trading performance from 2025-08-04 00:00 to 2025-08-10 23:59 (UTC).
The updated Binance Futures USDⓢ-M Taker Program outlines specific criteria for fee tier qualification. For instance, a weekly USDⓢ-M Futures Taker Volume Share on BTC, ETH, and BNB pairs between 0.05% and 0.2% will qualify for a 10% discount. A share between 0.2% and 1% will receive a 14% discount, while a share of 1% or more will benefit from an 18% discount. Users who achieve a total Binance Futures trading volume of 100,000,000 USDT equivalent in the last 30 days may apply for the Taker Program and will be assessed for eligibility in the weekly review. The Taker Fee Discount will be effective from the following Tuesday at approximately 07:00 (UTC) after the weekly review. Participants' eligibility will be reviewed weekly, and any fee tier adjustments will be updated each Tuesday based on the previous week's performance. Binance reserves the right to amend or terminate the program at its discretion.