TechFlow news, on March 20, according to an official announcement, Binance announced updates to its fiat trading market maker program. The main updates are as follows:
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Starting from 08:00 (UTC+8) on March 24, 2025, a new EUR market tier will be added to the fiat market making program. The review level for this market will be adjusted from one tier to two tiers;
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The required percentage of order book (maker) trading volume is 0.5% for Tier 1 and 1.0% for Tier 2;
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Upon qualification, the maker fee rebate will be -0.005% for Tier 1 and -0.010% for Tier 2;
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The new fiat market eligibility review will take effect starting at 08:00 (UTC+8) on March 24, 2025. Market makers' accounts will be reviewed weekly based on the new activity assessment mechanism;
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Starting from 08:00 (UTC+8) on April 1, 2025, maker fee rebates will be distributed based on the market maker’s prior week performance in designated spot fiat markets.
