According to BlockBeats news on August 19, Binance VIP announced the launch of the 'Institution Switching Package', tailored specifically for high-frequency traders transitioning from other cryptocurrency trading platforms to Binance. Applications for the 'Institution Switching Package' are now open, with a deadline of December 31, 2025. By participating in this program, high-frequency traders will enjoy the following benefits:
1. VIP 5 Identity Experience for 30 Days: Enjoy up to 75% trading fee discount on spot, contract, and leveraged trading for the first 30 days.
2. Deposit Reward: Deposit $1 million in qualified assets within the first 30 days to receive a 0.5% BNB trading fee rebate voucher (up to $5,000). This rebate voucher can be used to offset trading fees on all Binance platform products.
3. Zero Interest Institutional Loan Trial: Enjoy a nominal value of up to $5 million in Binance institutional loans with 30 days of zero interest. Borrowing can be done through collateral from multiple accounts, enhancing capital flexibility with no financing costs.
4. BNB Activation Reward: Upon approval of BNB credit limit, unlock lower fees and higher limits. Activate through the 'Institution Switching Package' to enjoy 30 days of no interest and free usage within the limit.
