On March 18, cryptocurrency exchange Binance updated its VIP program conditions: it reduced the BNB balance requirements and futures trading volumes for VIP levels 1–3, expanded criteria for holders, and introduced a new VIP Rising Star status. These changes simplify access to the program's privileges, as reported in the blog.

Binance VIP offers reduced fees (up to 80% discounts on spot trading), a dedicated manager, 24/7 priority support, increased withdrawal limits, access to the VIP portal, exclusive analytics, and participation in private events.

The minimum BNB balance required to qualify for VIP levels 1–3 has been significantly lowered. The thresholds are now uniform for traders, holders, and borrowers:

LevelPreviousCurrentVIP 125 BNB5 BNBVIP 2100 BNB25 BNBVIP 3250 BNB100 BNB

Subscribers to BNB Simple Earn will continue to receive access to additional airdrops.

Binance has also revised the requirements for the 30-day futures trading volume:

LevelVolume: PreviousVolume: CurrentTaker/Maker Fees: PreviousTaker/Maker Fees: CurrentVIP 1$15 million$5 million0.04%/0.016%0.05%/0.018%VIP 2$50 million$10 million0.035%/0.014%0.04%/0.016%VIP 3$100 million$50 million0.032%/0.012%No change

The thresholds have been reduced by 2–5 times; however, fees for VIP levels 1 and 2 have slightly increased. For instance, the taker fee for VIP 1 rose from 0.04% to 0.05%, and the maker fee increased from 0.016% to 0.018%. The conditions for VIP 3 remain unchanged.

New Criteria for Holders

Binance has consolidated the qualification criteria for holders and investors into a single system. Assets in Binance Earn are now considered: Simple Earn, ETH and SOL staking, On-Chain Yields, Soft Staking, RWUSD, Dual Investment, Discount Buy, and BFUSD.

A key update is the expansion of qualifications for VIP levels 5–9. Previously, holders could only qualify for VIP levels 1–4.

LevelAssets: PreviousAssets: CurrentBNB: PreviousBNB: CurrentVIP 1$500,000$100,00025 BNB5 BNBVIP 2$1.5 million$200,000100 BNB25 BNBVIP 3$3 million$3 million250 BNB100 BNBVIP 4$6 million$6 million500 BNB500 BNBVIP 5–9Not available$50–100 millionNot available1000–5500 BNB

When calculating asset value, Binance considers the greater of two amounts: the average balance over 30 days or the balance from the previous day. If a user has recently deposited funds, the system will consider yesterday's balance, even if the 30-day average has not yet adjusted.

VIP Rising Star

Binance has launched the VIP Rising Star status for users who do not meet the main VIP program requirements. The conditions include a 30-day average balance of $30,000, including 5 BNB. No registration is required; the system automatically assesses eligibility.

Participants will receive personalized support, invitations to events, and access to ecosystem offers.

On March 10, Binance published a detailed analysis of accusations regarding a $1.7 billion transfer to Iranian entities. The exchange provided a flowchart of the funds and responded to media claims.