How to Become a Binance VIP? | Binance Support (2024)

1. What is the Binance VIP Program?

The Binance VIP Program offers multiple pathways for sophisticated digital asset traders, investors, and market participants to become a VIP with Binance. There are four sub-programs – Trader VIP, Holder VIP, Investor VIP, and Borrower VIP – designed to meet different user needs. You can join one or several VIP sub-programs to enjoy exclusive benefits across the Binance ecosystem. Whether you want to trade in Spot or Futures, hold and stake your digital assets, or borrow via Margin or Loan, the Binance VIP Program is for you.

2. What are the benefits of becoming a Binance VIP?

As a Binance VIP, you can enjoy exclusive benefits, such as reduced

Spot and Futures trading fees, lower interest rates, higher borrowing limits, higher API order frequency, key account coverage services, sub-accounts, and access to the VIP Portal.

3. How to join the Binance VIP Program?

Currently, you can choose between four sub-programs under the Binance VIP Program to become a Binance VIP. You may refer to the table below for the minimum requirements. For more details, please refer to the website.

VIP Profile

Trader VIP

Holder VIP

Investor VIP

Borrower VIP

Daily Average BNB Holding

≥ 25 BNB in ​​any Binance wallet

Validity Period

Updated daily

Minimum Requirements Trade 1,000,000 USD-equivalent on Spot OR 15,000,000 USD-equivalent on Futures or 200,000 USD-equivalent on OTC over the last 30 days

Hold 500,000 USDT-equivalent on average over the last 30 days OR 500,000 USDT-equivalent during the previous day

Simple Earn

Subscribe for 250,000 USDT-equivalent in Simple Earn Locked Products on average over the last 30 days

Dual Investment

Subscribe for 180,000 USDT-equivalent in Dual Investment products on average over the last 30 days

Borrow 100,000 USDT-equivalent in Crypto Loans AND/OR VIP Loans on average over the last 30 days.

Margin liabilities can also be included. However, a 0.2 multiplier will apply in the calculation

*Note: If you are enrolled in multiple VIP sub-programs, your VIP level will reflect the highest level you are qualified for.

4. How to check my Binance VIP level?

4.1 Log in to your Binance account and go to the website.

4.2 Scroll down to the [Exclusive VIP Programs] section and choose the VIP sub-program you are interested in.

How to Become a Binance VIP? | Binance Support (1)

5. When will my Binance VIP level be updated?

Your VIP level will be updated automatically at 00:00 (UTC) every day, based on the requirements of each VIP sub-program and your daily BNB balance. If you are enrolled in multiple VIP sub-programs, your VIP level will reflect the highest level you are qualified for. You can enjoy the VIP benefits immediately, and your updated VIP level will be displayed before 05:00 (UTC).

6. What is the required daily average BNB holding balance?

Your daily VIP level will be determined by the requirements of each VIP sub-program, as well as your average BNB holding during the previous day (from 00:00 to 24:00).

Total Daily Average BNB Balance = Sum of the Daily Average of the following:

  • Spot Account Balance
  • Margin Account Balance
  • Binance Crypto Loans Collateral Balance
  • Sub-Accounts Balance
  • Simple Earn Account Balance
  • BNB Vault Account Balance
  • Futures Wallet Balance
  • Binance Funding Wallet Balance
  • Launchpool Account Balance
  • DeFi Staking Account Balance

Binance calculates your daily BNB balance using the daily average BNB balance of the previous day. For example, if there was 0 BNB in your account and you deposited 25 BNB at 03:00 UTC on October 1, 2022, the 24-hour average BNB balance reflected in your account on October 2, 2022 would be 25 BNB * 21 / 24 = 21.875 BNB.

7. Are sub-accounts included when calculating my Binance VIP level?

Yes, all trading volume, borrowing, and asset holding under your sub-accounts will be included in the calculation of your VIP level. For managed sub-accounts, your asset holdings will be counted in the asset holdings of the trading team’s master account. Please note that asset management sub-accounts and managed sub-accounts can be whitelisted to subscribe for Locked and Flexible products under Simple Earn, and any subscriptions from those sub-accounts will be included in the VIP level calculation. However, normal sub-accounts are not eligible to subscribe to Simple Earn products.

8. Are there any other ways to become a Binance VIP?

Yes, Binance Pool miners can enjoy VIP benefits based on their average daily hashrate. For more details, please refer to Binance Pool VIP Level Calculation.

Binance Options users can also become Options VIPs to enjoy more competitive options trading fees and qualify for higher VIP levels based on their options trading volumes. For more details, please refer to the Binance Options VIP Program Announcement.

1. How to become a Trader VIP?

Users with a last 30-day Spot trading volume ≥ 1,000,000 USD-equivalent OR a last 30-day Futures trading volume ≥ 15,000,000 USD-equivalent or 200,000 USD-equivalent on OTC AND a daily average BNB holding ≥ 25 BNB are eligible to become a Binance VIP. For more details, please refer to the website.

2. Which products are included in the Spot trading volume calculation?

Spot trading volume under the VIP Program includes Spot, Margin, Binance Leveraged Tokens (BLVT), Liquidity Swap, and Binance Convert.

3. Which products are included in the Futures trading volume calculation?

Futures trading volume under the VIP Program includes USDⓈ-M Futures and Coin-M Futures.

4. Which products are included in the OTC volume calculation?

OTC volume under the VIP Program includes Binance OTC Spot Block Trading and Algo Orders.

5. How to check my trading volume?

You can check your last 30-day trading volume and BNB holding balance from [Trading Fees].

6. What special promotions will affect trading fees for VIP users?

There are several trading-related promotions that are currently available to VIP users, please refer to the Promotion Rate section for details.

1. How to become a Borrower VIP?

Users with a last 30-day average net borrowing volume ≥ 100,000 USDT-equivalent AND a daily average BNB holding ≥ 25 BNB are eligible to become a Binance VIP. For more details, please refer to the VIP Borrower Program announcement.

2. Which products are included in the net borrowing volume calculation?

Borrowing volumes under the VIP Borrower Program include Margin, Crypto Loans, and VIP Loan.

3. How to calculate the 30-day average net borrowing volume?

Net Borrowing Volume = Total Volume Borrowed - Total Volume Repaid

30-Day Average Net Borrowing Volume = Average Daily Net Borrowing Volume on Crypto Loans in the Last 30 Days + Average Daily Net Borrowing Volume on VIP Loan in the Last 30 Days + (Average Daily Net Borrowing Volume on Margin in the Last 30 Days * 0.2)

1. How to become a Holder VIP?

Users with a last 30-day average asset holding ≥ 500,000 USDT-equivalent OR a daily asset holding during the previous day ≥ 500,000 USDT-equivalent AND a daily average BNB holding ≥ 25 BNB are eligible to become a Binance VIP. For more details, please refer to the VIP Holder Program announcement.

2. How to calculate the asset holding requirements for the VIP Holder Program?

30-Day Average Asset Holding (USDT-equivalent) = Sum of Daily Asset Holding (USDT-equivalent) in the Last 30 days / 30 (days)

Daily Asset Holding (USDT-equivalent) = Spot Wallet Assets + Funding Wallet Assets + Margin Wallet Assets + Futures Wallet Assets + Options Wallet Assets (excluding BNB holding)

3. Which crypto assets are included in the asset holding calculation?

All crypto assets are included in the asset holding calculation, except for BNB.

1. How to become an Investor VIP for Simple Earn?

Users with a 30-day average Simple Earn Locked Product subscription amount ≥ 250,000 USDT-equivalent AND a daily average BNB holding ≥ 25 BNB are eligible to become a Binance VIP. For more details, please refer to the VIP Investor Program for Simple Earn announcement.

2. How is the 30-day average Simple Earn Locked Product subscription amount calculated?

30-Day Average Simple Earn Locked Product Subscription Amount = [(Total Subscription Amount in the Last 30 days * Valid Subscription Period) / 30 (Days)]

*The USDT-equivalent of users’ Simple Earn Locked Product subscription amount will be used to calculate the 30-day average Simple Earn Locked Product subscription amount.

3. How to become an Investor VIP for Dual Investment?

Users with a 30-day average Dual Investment subscription amount ≥ 180,000 USDT-equivalent AND a daily average BNB holding ≥ 25 BNB are eligible to become a Binance VIP. For more details, please refer to the VIP Investor Program for Dual Investment announcement.

4. How is the 30-day average Dual Investment subscription amount calculated?

30-Day Average Dual Investment Subscription Amount = [(Total Subscription Amount in the Last 30 days * Valid Subscription Period) / 30 (Days)]

5. Is the VIP validity the same for Simple Earn and Dual Investment?

No, they are different.

  • Your Simple Earn VIP level will be updated daily based on the rolling 30-day average Simple Earn Locked Product subscription amount.
  • Your Dual Investment VIP level will be valid for one month. Please note that eligible users can only join the program once.
How to Become a Binance VIP? | Binance Support (2024)

FAQs

How to Become a Binance VIP? | Binance Support? ›

Eligibility: users with a last 30-day average asset holding ≥ 500,000 USD-equivalent OR a daily asset holding during the previous day ≥ 500,000 USD-equivalent AND a daily average BNB

BNB
BNB is a cryptocurrency created in June 2017, launched during an ICO in July, and initially issued as an ERC-20 token. Designed to be used for a fee reduction on the Binance exchange, its scope was extended over the years. BNB powers the Binance Chain as its native chain token.
https://www.binance.com › research › projects › bnb
holding ≥ 25 BNB are eligible to become a Binance VIP.

What is the VIP level in Binance? ›

The VIP levels are determined by the user's trading volume over a 30-day period, as well as the amount of BNB (Binance Coin) held in the user's account. The VIP levels range from 0 to 9, with VIP 0 being the starting point for all users.

How do I email Binance VIP? ›

Users must confirm the referral relationship during the application process, either by indicating it in the email sent to vip@binance.com, or the referred user registers via the referer's referral link.

How to become Bybit VIP? ›

The Trading volume from both Main Account and Subaccount will be considered. Traders are only required to meet either one of the criteria above to unlock the respective VIP Level. For example, Trader A has an asset balance of $250K, and a last 30-day Derivatives trading volume of $50 million.

How do I become a successful Binance trader? ›

If you are looking to become a profitable trader in Binance Options Trading, there are a few things you need to do:
  1. Learn the basics of options trading. ...
  2. Choose a trading strategy. ...
  3. Call options: ...
  4. Put options: ...
  5. Spread trading: ...
  6. Use risk management techniques. ...
  7. Setting stop losses: ...
  8. Using margin limits:
Sep 6, 2023

How do I become a Binance Pro merchant? ›

How do I become a Binance P2P Cash Merchant?
  1. Log in to your Binance account and click [Trade] - [P2P] - [User center] - [Become merchant] - [Merchant application]. ...
  2. Once your P2P Merchant application has been accepted, go to the [Cash Merchant] tab and click [Apply now].
Feb 24, 2023

What is the withdrawal limit for Binance VIP? ›

The limit is expressed in Binance USD(BUSD). For VIP 1,2 and 3. The daily limit of withdrawal is 8 million BUSD. For ViP 4, it becomes 16 million BUSD.

Can you talk to someone at Binance? ›

If you have a complaint, please contact BAM Trading Services Inc. at 1 (844) 900-1450 or inquiries@binance.us.

Does Binance have live support? ›

24/7 live chat in 17 languages.

How to report a Binance scammer? ›

Go to the details page of the transaction that you've identified as fraudulent. Click [Report Scam]. You will be redirected to the Case Report Form, where you can enter and submit your case details.

How much is Bybit VIP? ›

Live VIP Price Summary

Today's price of VIP is $0.000000017682, with a 24-hour trading volume of $--. VIP is +0.03% in the last 24 hours, with a circulating supply of 487.04T VIP coins and a maximum supply of 1.00P VIP coins. VIP ranks 1518 by market cap.

What is VIP at crypto? ›

Jan 28, 2022. The Crypto.com Exchange Global VIP Programme rewards high-volume traders with exclusive benefits and privileges, so they can unlock even more value from our platform.

Who is automatically qualified for the Bybit VIP program? ›

If you're an existing Bybit user, you'll be happy to know that you're automatically qualified for Bybit's VIP Program when you meet the minimum asset balance and monthly trading volume criteria.

How do you make $100 daily on Binance? ›

In this article, we'll guide you through the steps to achieve this goal.
  1. Step 1: Get Started on Binance. ...
  2. Step 2: Choose the Right Coins. ...
  3. Step 3: Develop a Trading Strategy. ...
  4. Step 4: Start with a Small Investment. ...
  5. Step 5: Practice Risk Management. ...
  6. Step 6: Stay Informed and Adapt. ...
  7. Step 7: Learn from Experience.
Dec 18, 2023

What is the best passive income in Binance? ›

By Staking: Staking is the best option to earn passive income from cryptocurrencies. In staking, there is a mechanism for keeping your cryptos on exchange for a certain period.

Can I make $100 a day on Binance? ›

If you put in $1000 on Binance and track a 10% rise on one pair, you will have made $100. Repeat this every day and you will be making $100 a day, every single day.

What is VIP in cryptocurrency? ›

The Crypto.com Exchange VIP Program rewards high-volume traders with exclusive trading features that are tailored to their needs regarding risk, technology, and rewards.

What are the levels of verification in Binance? ›

Choose your verification level: Binance offers three levels of verification: Basic, Intermediate, and Advanced. Choose the level of verification you want to complete. 4. Enter your personal information: Provide your personal information, including your name, address, date of birth, and phone number.

What are the verified levels on Binance? ›

Go to the verification page: Click on the user icon in the top right corner of the screen and select "Identification" from the drop-down menu. This will take you to the verification page. Choose your verification level: Binance offers three levels of verification: Basic, Intermediate, and Advanced.

What is VIP coin? ›

"VIP stands Value is Precious. VIPcoin is a POS and masternode coin and it's a cryptocurrency with a dividend. VIP would have a platform whereby dividend whould be paid to holders."

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