Binance updates VIP program: OTC volume 4x multiplier, VIP3 threshold lowered to $1M

Lower Holder VIP 3 threshold and OTC Spot Volume recognition make VIP progression more accessible

Published: July 21, 2026 09:30 am IST ABU DHABI, UAE – July 21, 2026 /PRNewswire/

Binance today announced further updates to its VIP Program criteria, lowering the VIP 3 Wallet Assets threshold and integrating OTC Spot Trading Volume into Spot Trading Volume calculations for VIP qualification.

The updates build on Binance's March 2026 VIP Program refresh, which lowered selected VIP thresholds and introduced new pathways to recognize high-value users earlier in their journey. The latest changes are designed to make VIP status more accessible for eligible holders and to better recognize users who are active across both Spot and OTC trading.

Key Updates

Effective July 21, 2026 at 08:00 UTC:

• VIP 3 Wallet Assets requirement reduced from $3,000,000 to $1,000,000. This enables more eligible holders to access VIP 3 benefits, including:
• Applicable VIP fee rates
• Priority support
• Higher limits
• Advanced insights
• Event invitations
• Other VIP-only benefits

• OTC Spot Trading Volume multiplier introduced: OTC Spot Trading Volume will count at a 4x multiplier toward Spot Trading Volume. For example, $1 million in OTC Spot Trading Volume will count as $4 million toward the applicable Spot Trading Volume threshold.

• OTC-related VIP qualification cap removed: Previously capped at VIP 4, eligible users may now progress through the full VIP framework up to VIP 9, subject to meeting the applicable BNB Balance and qualification requirements.

Statement from Binance Leadership

"We continue to refine the Binance VIP Program to better reflect how our users engage across the platform. By lowering the VIP 3 asset holding threshold and recognizing OTC Spot Trading Volume within Spot Volume qualification, we are creating a more flexible and accessible path for users to progress through VIP tiers while maintaining clear, measurable criteria."

>

— Catherine Chen, Head of VIP and Institutional at Binance

Additional Details

• No changes to VIP trading fees as part of this update.
• Users who qualify under the new criteria will be automatically upgraded daily at 08:00 UTC to the corresponding VIP tier.
• If a user qualifies under multiple criteria, their VIP level will reflect the highest level they meet.
• Users can view their latest VIP level in the My VIP Mobile Hub.
• Full details on the updated VIP Program criteria are available on Binance.

Disclaimer

Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.

About Binance

Binance is a leading global blockchain ecosystem behind the world's largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 320 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings — from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means.

For more information, visit: https://www.binance.com

About Binance VIP & Institutional

Binance VIP & Institutional empowers institutions and private wealth clients with robust asset management and trading solutions.