On August 19th, COINOTAG reported the unveiling of the “Institutional Switch Package” by Binance VIP, meticulously tailored for high-frequency traders transitioning from rival cryptocurrency exchanges. The application process is currently open, with applications accepted until December 31, 2025. Participants of this package can leverage several lucrative benefits designed to enhance their trading experience.
The package includes a VIP 5 Identity Experience for 30 days, granting traders up to a 75% discount on trading fees across spot, futures, and margin trading during this initial period. Additionally, those who deposit at least $1 million in qualifying assets within the first month are eligible for a 0.5% BNB trading fee rebate voucher, limited to $5,000, applicable across all Binance trading services.
Furthermore, traders can take advantage of an exclusive zero-interest institutional loan, available for up to $5 million for a duration of 30 days, facilitating enhanced liquidity without incurring financing costs. Participants who qualify will also receive a BNB credit line, which not only reduces transaction fees but increases trading limits, promising a more cost-effective trading strategy for institutions.