PANews reported on July 9 that, according to an official announcement, Binance will update its fiat trading market maker program on July 14, 2025, at 08:00 (UTC+8).
Starting from July 14, 2025, at 08:00 (UTC+8), a new TRY market tier will be added to the fiat market maker program. The review level for this market will be adjusted from one tier to two tiers;
The percentage requirement for the trading volume of Level 1 orders (Maker) is 0.5%; the percentage requirement for the trading volume of Level 2 orders (Maker) is 1.0%;
The fee rate for Level 1 orders (Maker) after qualification is -0.005%; the fee rate for Level 2 orders (Maker) is -0.010%;
The new fiat market qualification review will take effect from July 14, 2025, at 08:00 (UTC+8). Market maker accounts will be reviewed weekly based on the new activity review mechanism;
Starting from July 22, 2025, at 08:00 (UTC+8), order (maker) transaction fee rebates will be issued based on the market makers' trading performance in the designated spot fiat market from the previous week.