【Binance will update the fiat trading market maker program】According to an official announcement, Binance will update the fiat trading market maker program on July 14, 2025, at 08:00 (UTC+8). The main updates include:
1. 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;
2. The percentage requirement for trading volume of Level 1 orders (Maker) is 0.5%; the percentage requirement for trading volume of Level 2 orders (Maker) is 1.0%;
3. After qualification, the fee rate for Level 1 orders (Maker) is -0.005%; the fee rate for Level 2 orders (Maker) is -0.010%;
4. 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;
5. Starting from July 22, 2025, at 08:00 (UTC+8), the rebate for maker trading fees will be distributed based on the market maker's trading performance in the designated spot fiat market from the previous week.