Binance to Launch Spot Altcoin LiquidityBoost Program

According to Binance's official announcement, the cryptocurrency exchange is set to introduce the Spot Altcoin LiquidityBoost Program. This initiative aims to enhance liquidity and trading efficiency for selected altcoin trading pairs on the Spot market. The program is designed to offer users tighter spreads, reduced slippage, and an overall improved trading experience. The qualification period for this program will begin on 2025-06-09 00:00 (UTC). **Program Details** - Liquidity providers will undergo weekly reviews based on a performance review mechanism. - To qualify for Tier 1 rebate rates, users must achieve a combined Maker Volume Percentage of 0.5% against any of the eligible altcoin spot trading pairs. - For Tier 2 rebate rates, a combined Maker Volume Percentage of 1.0% is required. - The Maker Fee Rebate Rate is set at -0.005% for Tier 1 and -0.010% for Tier 2. - Maker fee rebate rates will be updated weekly starting from 2025-06-17 00:00 (UTC). - Accounts qualifying for both the Spot Liquidity Provider Program and the Altcoin LiquidityBoost Program will receive the more favorable fee rate for traded pairs. **Eligible Altcoin Spot Trading Pairs** - The program includes trading pairs such as INITUSDT, EOSUSDT, HYPERUSDT, PARTIUSDT, ICPUSDT, KERNELUSDT, CFXUSDT, WUSDT, KMNOUSDT, IOTXUSDT, ONDOUSDT, TONUSDT, FILUSDT, WCTUSDT, BABYUSDT, SXTUSDT, SYRUPUSDT, and STOUSDT. **Participation Requirements** - Users with a 30-day trading volume exceeding 20,000,000 USDT equivalent on Binance Spot and Margin, or as evidenced across other platforms, are invited to join. - Interested participants must provide proof of trading volume to [email protected] or contact their sales or key account coverage team. **Additional Notes** - The program is limited to specified altcoin trading pairs on Binance.com. - Maker rebates will be settled in USDT. - Rebate eligibility is based on weekly performance across eligible altcoin pairs. - Maker Fee Rebates are effective from 00:00 (UTC) each Tuesday to 23:59 (UTC) the following Monday and are paid hourly. - Users can check their rebate history via Orders > Transaction History > Distribution > Fiat and Spot. - Participants in multiple liquidity programs will receive the more favorable rebate ratio. - Users failing to qualify for rebates for three consecutive weeks will be removed from the program. Binance reserves the right to amend or terminate the program at its discretion, considering factors such as regulatory changes, technical issues, or the need to protect users and the platform. For more details, users can refer to the VIP and Institutional Services page. Discrepancies between the original English content and translations may occur, and the English version should be considered the most accurate.